Minister of Economic Development (MER) Jakov Milatović said that the Court of Arbitration in London today issued a ban on the installation of temporary structures that prevent free passage through Miločerski Park.
Television Vijesti was told yesterday by MER that they believe that the opening of the City Hotel Sveti Stefan and Miločera is certain in the upcoming summer season, stating that otherwise the tenant would violate the contract and cause its termination, adding that the temporary injunction recently ordered by the Commercial Court be abolished.
"This is proof of the correctness of the Government's position in this procedure! We are looking forward to the reopening of the St. Stefan Hotel and its operations in accordance with the signed contract, the laws of Montenegro and the best international practice. Unfortunately, today's decision of the Arbitration Court in London also exposed the partisan captivity of our Commercial of the court and the arbitrariness of its president, Blaž Jovanić," tweeted Milatović.
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