September 22 (SeeNews) - Kosovo and the U.S. said they plan to sign an investment incentives agreement that envisages access to investment support by the U.S. International Development Finance Corporation (DFC) for projects in Kosovo.
The agreement will also foresee the establishment of ventures for the investment support and Kosovo's treatment of the investment projects, the countries said in a joint statement on Monday after a U.S. delegation led by U.S. special envoy for Kosovo-Serbia Dialogue, Richard Grenell, visited Pristina.
Kosovo and the U.S. expect to sign the investment incentive agreement at an earliest possible date, the statement reads.
The agreement is expected to include projects agreed to be part of the normalisation of economic relations between Kosovo and Serbia, as well as projects that would further reinforce economic integration and development in the region.
On September 4, Serbian president Aleksandar Vucic and Kosovo prime minister Avdullah Hoti signed in Washington, D.C. a U.S.-brokered agreement on the normalisation of economic relations, committing to develop motorway and railway connectivity. The agreement, signed by the U.S. separately with Belgrade and Pristina, envisage U.S. support for the construction of a motorway and railway linking Nis to Pristina, while Kosovo will join the "mini-Schengen" zone, an economic area comprising Serbia, Albania and North Macedonia announced in October 2019.