Montenegro and Albania have received a joint grant amounting to €2.5 million from the Western Balkan Investment Framework (WBIF) for the conceptual design of the project of the Ionian-Adriatic Pipeline (IAP) through these two countries, the government of Montenegro said on February 22.

WBIF supports socio-economic development and EU accession across the Western Balkans through the provision of finance and technical assistance for strategic investments, particularly in infrastructure, energy e...

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