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Parivodic: There Will Be No Compensation For The Losses Of Zastava O

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  • Parivodic: There Will Be No Compensation For The Losses Of Zastava O

    PARIVODIC: THERE WILL BE NO COMPENSATION FOR THE LOSSES OF ZASTAVA ORUZJE

    EASTBUSINESS.ORG
    December 28, 2006 Thursday 4:38 PM (Central European Time)

    The Serbian Minister of International Economic Relations, Milan
    Parivodic, said Wednesday that it would be better for the employees
    of Zastava Oruzje, the Serbian weapons manufacturer, if they were
    working rather than protesting.

    Commenting on the protest of the company s workers because of the
    ban on exports to Armenia, he said that the company went ahead at its
    own risk and made a business deal which cannot be conducted without
    proper state-issued permits.

    He added that all business deals involving the export of weapons
    require the approval of the Ministries of Defence, Foreign Affairs and
    Internal Affairs, on the basis of which the Ministry of International
    Economic Relations issues a permit. He added that in addition to
    this a licence for transport is also required and that, in the case
    of Zastava, the Ministry of Foreign Affairs did not give its approval.

    The Minister also said that the efforts to change the regulations
    and simplify the procedure for exporting weapons are under way,
    so that in the future only one permit will be needed instead of two.

    A group of employees of Zastava Oruzje has been protesting for three
    days in the Kragujevac Town Hall, because of the ban on the export
    of arms to Armenia and Wednesday they invited the other workers to
    join them.
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