EU & WBs / Albania Energy Investment Updates

EU & WBs / Albania Energy Investment Updates

Presentation of Albanian Centre for Energy Regulation and Conservation - ACERC

ACERC is a think tank centre with focus on the Albania energy market and its integration in the regional IEM. The Acerc mission base on the in-depth knowledge of EU and regional energy law and policy and strives to provide a qualified contribution to the promotion of the liberalization and effective integration as well as efficient use of energy resources.

main activities briefly consists in build-up collaborations and supports to market players in study researches such as the certificate reports, articles and periodicals. The transfer of high expertise through building-up institutional capacities by national and regional training courses, seminars and conferences. The institutional representation and integration within framework of the forum of Albanian School of Regulation.

For more visit us at the Official Website of Acerc | Albanian Energy Market - AEM Group in LinkedIn

Azerbaijan, Serbia sign protocol following intergovernmental commission meeting 28 SEPTEMBER 2015

AEI Updates September 2015Posted by Adv. Lorenc Gordani, PhD Tue, September 29, 2015 12:50:22

Baku, Azerbaijan, Sept. 28

By Anvar Mammadov – Trend:

Azerbaijan and Serbia signed a protocol following the fourth meeting of the joint intergovernmental commission on trade and economic cooperation in Baku.

The protocol was signed by the co-chairmen of the commission – Azerbaijani Minister of Economy and Industry Shahin Mustafayev and Serbian Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajić.

The protocol envisages the continuation of cooperation in the fields of trade, industry, investments, finance, transport, energy, agriculture, information and communication technologies, health, youth, sports, etc.

"The legal framework [more than 30 documents] established between Azerbaijan and Serbia allows developing relations without any limitations and problems,” Mustafayev said at a meeting. “Our countries already have some achievements in the field of economic cooperation. I would like to stress Azerbaijani investments in the highway construction in Serbia. Azerbaijan allocated a loan for this project implementation. Both sides are pleased with the successful implementation of the project. The Serbian side is willing to continue cooperation in this sphere. The Azerbaijani side is considering this opportunity."

The government of Azerbaijan allocated a loan worth 308 million euros for a period of 25 years with a three-year grace period at an annual rate of four percent per annum for the highway construction in Serbia in 2012. The construction of the highway sections E-763 - Ljig - Boljkovci, Boljkovci-Takovo and Takovo-Prelzhina is being financed at the expense of the loan.

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