REFERS TO THE WASHINGTON AGREEMENT: Hoti is making an international center out of Serbian property

The Prime Minister of the Provisional Institutions, Avdulah Hoti, stated that the ski center Brezovica will “become an international center”, announcing investments during this year “within the framework of the Washington Agreement and the obligations undertaken by Kosovo”.

A detailed investment project for Brezovica, according to the outgoing Minister of Infrastructure Arban Abrasi, was presented in Washington, and the agreement envisages an investment of around 600,000 euros, reports “Novosti”.

In 16 points of the Washington Agreement on the normalization of economic relations between Belgrade and Pristina, Brezovica is not explicitly mentioned. The item “additional projects”, under which the Ski Center could be included, exists within the point that envisages cooperation between the two sides with the American Financial Corporation for International Development and the US Import and Export Bank.

The question is, however, whether the investment announced by Hoti is intended for a ski center owned by a Serbian company or someone else?

According to the papers owned by official Belgrade, the Ski Center “Brezovica” is owned by the Fund “Inex Interexport ad” with a share of 82.33 percent and the PE “Ski Resorts of Serbia” with a share of 17.67 percent.

In 2015, the Pristina authorities announced the expropriation of land in Brezovica with the intention of leasing it to a foreign investor for a period of 99 years. At that time, the “Inex Interexport” Fund filed an appeal with the Supreme Court in Pristina, demanding that the decision on the expropriation of real estate owned by “Inex” in Brezovica be revoked. Also, the Government of Serbia warned potential investors that the Ski Center “Brezovica” on the territory of AP KiM is owned by the Republic of Serbia, as well as that the expropriation of this complex is illegal. Two years later, the government in Pristina revoked the decision on the expropriation of real estate, explaining that the “project failed”.

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Source: СРБИН.ИНФО by srbin.info.

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