Milosevic invites Russian businesses to rebuild YU

MOSCOW, November 22 (Itar-Tass) - Economic projects to rebuild war-torn Yugoslavia are open to Russia, Yugoslav Ambassador in Moscow Borislav Milosevic said.

Speaking at a press conference on Monday, Milosevic said "there are all conditions for this".

Russian partners have advantages over other countries. Many Russian enterprises are ready to take contracts and finance them, he noted. Russian specialists have experience of technical cooperation with Yugoslavia, especially in designing and building industrial facilities, particularly for the fuel and energy sector.

Milosevic invited Russian businesses to take part in the privatisation and reorganisation of Yugoslav enterprises. He named major enterprises in the fuel and energy sector and in the petrochemical industry of which "Russian economic entities could become co-owners or shareholders".

"We have absolutely normal relations" with Russia and receive "political assistance" from it, the ambassador said.

"Russia has been providing support since the beginning of the Balkan crisis. It continues to cooperate with and support Yugoslavia, supplies humanitarian aid," Milosevic said.

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