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The Future of Chinese Loans Further Complicate Montenegro's Political Scene - Leonardo Dinic


Montenegro is rich with gorgeous coastlines and sweeping mountain ranges. The small Balkan country with a population of 600,000 has become a geopolitical flashpoint, as Europe, China, Russia, and the United States all actively attempt to influence its political and economic future. While Russia maintains its deep historical ties to the region as a whole, China looks to maximize investment opportunities, while the U.S. hopes to retain its military ally on the Adriatic coast. 
As Russia and the United States pursue political and security relationships in Montenegro, China and the European Union are both investing in the country’s infrastructure, raising concerns about Montenegro’s ballooning debt burden. Recently, a regional highway financed by the Export-Import Bank of China and constructed by Chinese firms has drawn concern from locals. Competing domestic and geopolitical interests give the highway project the perception of being a ‘debt trap,’ meanwhile, Montenegro� ....

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