CSE and CIS
In a surprising move Russian President Vladimir Putin refused to grant the frequencies widely used for 5G networks to domestic telecommunication networks operators and decided to reserve these frequencies for the military and intelligence services.
Croatia slowly begins to understand that relying on a single sector, such as tourism, is not the best formula for a sustainable development. The share of industry exports in total Croatian exports is among the lowest within the new EU member states.
Bosnia and Herzegovina changes its 13 years old VAT regulations. Due to the complex political system of BiH, all the important regulations had to be discussed in parliaments of both entities: the parliament of the Federation of BiH and the parliament of the Republic of Srpska.
The Serbian Ministry of Mining and Energy and Russian gas company Gazprom have signed an agreement on the construction of LNG stations in Serbia. In March, the Serbian government said it was considering the construction of four LNG-powered plants.