New: Serbia expects to finalize its agreement with Jared Kushner's company to redevelop the former military headquarters in Belgrade early next week, according to the Ministry of Construction.
Secretary Minister Aleksandra Sopronijevic said on November 14 that the government approved the end of operations in August. The draft termination agreement stipulates that both parties waive possible claims against each other.
The project envisioned a luxury hotel, apartments and commercial space in the General Staff complex, which was heavily damaged during the 1999 NATO bombing campaign.
The ministries' timeline places the termination decision ahead of parliamentary elections on October 25, rather than identifying it as a measure introduced by the winning student list.
RTS / Ministry of Construction.
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