“Serbia’s Defence Minister said on Monday that his country will invest RSD 850 million ($8.36 million/EUR 7.2 million) into the arms industry of Republika Srpska (RS), Bosnia’s Serb-dominated part.

Serbia’s Defence Minister, Aleksandar Vulin, said this in Banjaluka after having met with the RS President Milorad Dodik, the President of the semi-autonomous RS entity.

‘In accordance with the orders from the Supreme Commander of the Army of Serbia and the agreement with the President of the RS, Milorad Dodik, the Serbia’s Ministry of Defence has secured 850 million Dinar ($8.36 million) for various needs of the companies of the RS defence industry, that is, for the restoration of tank and aircraft engines,’ Vulin told reporters.” (N1)