Montenegro, Motivating farmers with subsidies is a prerequisite for less imports
, NewsEvery working day, Montenegro imports agricultural products worth about one million euros from Serbia, said Deputy Prime Minister and Minister of Agriculture, Forestry and Water Management Vladimir Joković in the Link Radio of Montenegro show.
Joković said that the import of agricultural products into Montenegro is large, and that is why the government is trying to motivate our farmers with subsidies.
He emphasizes that Montenegro can produce enough food for itself, and it would be phenomenal if it could also produce for tourists.
– I think that over 550 million agricultural products were imported. The total exchange is about 800 million, but I think that the import is about 550 million from Serbia. Every working day, we import approximately one million agricultural products from Serbia – he said.
He pointed out that we currently only export wine.
Joković said that the previous year was successful for all agricultural producers except for raspberry growers who failed to sell raspberries.
Sign up for business news updates & special reports.
LATEST NEWS
- February 1, 2024 Invitation to Enhance Visibility and Stakeholder Engagement in EU Horizon Projects
- January 17, 2024 Montenegro forests, emissions trading and carbon offset credits, opportunities for investments
- May 11, 2023 Luxury Public Relations for pearl of Mediterranean, Elevate PR for Montenegro
- May 11, 2023 Elevate your business in Montenegro with Elevate PR
- May 9, 2023 Montenegro economy briefing: Wage growth in the public sector and other labour market issues
- April 8, 2023 Montenegro economy briefing: Increased indebtedness of Montenegro
- November 9, 2024 Decline in Montenegro Stock Exchange and economic balance: Revenue growth and positive bank results
- November 9, 2024 Austrian companies in Montenegro contribute to economic growth and strengthen bilateral ties
- November 9, 2024 Criticism of VAT increase and its potential harm to Montenegro’s tourism industry