BELGRADE (Reuters) - Serbia's prime minister told reporters he would do everything in his power to find a buyer for heavily indebted state copper mine RTB Bor, even going so far as to "beg the Chinese" to buy it.
Serbia is under pressure from the International Monetary Fund to streamline, sell or shutter its many loss-making state enterprises, an outcome the government, facing presidential elections next year, wants to avoid.
"I will ask the biggest Chinese company to buy RTB Bor," he told reporters at a press briefing in connection with a visit by an IMF mission. "There's no one else who will buy it. I will beg Chinese leader Li Keqiang for that."
(Reporting By Thomas Escritt, editing by Larry King)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app