Damjanović and Mali will sign an agreement on the intention to introduce electronic invoices in Belgrade on Wednesday

"This will result in the final initiation of the process of eliminating long-standing business barriers in business and reducing costs for citizens and the economy," the platform states.

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Photo: Government of Montenegro
Photo: Government of Montenegro
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Finance Minister Aleksandar Damjanović will sign an agreement on the intention to introduce electronic invoices with the Serbian Finance Minister, Siniša Mali, in Belgrade on Wednesday.

In the platform about Damjanović's visit to Belgrade, it is stated that it will also be an opportunity to further improve cooperation with Serbia in the field of finance and economy, as well as to establish direct payment transactions between the two countries.

"This will result in the final initiation of the process of eliminating long-standing business barriers in business and reducing costs for citizens and the economy," the platform states.

As they reminded, during Damjanović's previous visit to the Ministry of Finance of Serbia in January of this year, the improvement of cooperation between the two countries in various fields was discussed, and information was also presented on the results of the implementation of digitization projects in the field of fiscal systems.

"Representatives of the Ministry of Finance of Serbia have expressed their willingness to, among other things, meet the Montenegrin Ministry of Finance with the aim of implementing the system of electronic invoices in the Montenegrin fiscal system," the document states.

Also, during the visit, the ministers will discuss the status of the "Simo Milošević" Institute, as well as the claims of the Deposit Insurance Agency of Serbia from the previous period against the Montenegrin company, due to the blocking of accounts from the Agency.

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