Serbia to sign geological research agreement with China's Bitec Resources

Serbia will soon sign an agreement on geological researc with China's Bitec Resources, Mining Minister Mlan Bacevic announced after a meeting with the representatives of that state-owned company.

Beijing-based Bitec Resources, established by the National Institute of Geology of China, has been operating in Serbia through companies Rio Tinto and Avala Resources over the last few years.

Bacevic explained that the Institute of Geology of Serbia and the Institute of Geology of China would enter into scientific and technological cooperation that was not going to produce any obligations.