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07-03-14

UAE, Serbia sign USD1 b loan deal

(MENAFN) UAE's Department of Finance has signed a USD1 billion loan deal with Serbian Finance Minister in a visit to Abu Dhabi, according to Khaleej Times. The loan deal aims to strengthen cooperation and ties between the UAE and Serbia, and support private and public sectors within the UAE. The Department of Finance said: "The relations between the UAE and Serbia continue to grow in various sectors, whereby this agreement reflects the efforts of the two countries to further develop their mutual cooperation and bilateral relations."