Serbia’s cooperation with China has increased rapidly since 2009. This report examines the 2018 privatization of Serbia’s mining and smelting complex RTB Bor by a Chinese company Zijin and its functioning in the past two years. The report particularly examines the privatization process, privatization agreement, and environmental concerns around RTB Bor’s operations. Finally, the report offers several recommendations on addressing spotlighted governance gaps that corrosive capital can exploit to the detriment of Serbia’s development.
Published Date: September 29, 2020