US Agency Unblocks Funds After Kosovo Lifts Tariffs on Serbian Goods
US Government aid agency Millennium Challenge Corporation (MCC) has reactivated
its US$50-million program to help boost growth after Kosovo Government on
Saturday decided to rescind all trade barriers with Serbia.
15 March 2020 the MCC decided to pause implementation of the threshold
programme and development of the proposed compact programme in Kosovo, after
former Government led by Albin Kurti unveiled its plans to replace 100 percent
tariff on Serbian goods with trade and political reciprocity.
MCC issued a statement on Saturday saying that the United States welcomes the
resolution of Kosovo’s tariff issue and the lifting of reciprocal measures on
Serbian goods. “MCC is pleased to resume implementing the threshold program and
developing the proposed compact program in Kosovo. MCC looks forward to a
continued, strong partnership with the people of Kosovo and their government as
we work together to reduce poverty through economic growth,” the statement