In the 153rd session presided over by Vice-president for economic policy and financial system, Mr Milutin Simović, Montenegro’s Government adopted the proposal for the law on the Confirmation of the Protocol and the Agreement on Free Trade between Montenegro and Turkey.
“It was highlighted that application of this regulation would enable placement of agricultural products that so far hadn’t been exported due to high customs taxes. On the other hand, liberalization of Montenegrin market for specific Turkish products will have an impact on lower prices of those products on the Montenegrin market”, said representatives of the Government.
The Government also adopted Proposal for the Law on the Amendments to the Law on Bankruptcy.
Amendments were necessary for the creation of preconditions for the improvement of cost-effectiveness, rationality and efficiency of the bankruptcy proceedings.
In that context, amendments refer to the definition of specific norms for their efficient application, elimination of weaknesses and reduction of deadlines. Introduction of professional examination for insolvency practitioners is another news.
Government also adopted Decree on the conditions, manner and dynamics of the implementation of measures of agrarian policy for 2020.
Government adopted the Program for Forest Management for 2020, implementation of which will generate budget revenue amounting to €8.516.258.
Government rendered decision on granting concession for using part of the water from Komunica source, in the municipality of Danilovgrad, for bottling, packaging and delivery of water for commercial purposes.
Government adopted Information on the provision of necessary funds for the implementation of the decisions rendered by the Constitutional Court on the claims of the former “Radoje Dakić” workers. Government decided to pay the amount of money required by the court as soon as conditions are created.
Government gave consent to the Redirection of Funds for the current budget reserves to the Ministry of Sport (€300.000) for financing, co-financing construction and reconstruction of of sport facilities.
