Kosovo: UN to Establish Privatization Agency to Boost Economy

The United Nations Mission in Kosovo (UNMIK) announced plans to establish a new entity to manage the privatization process. Michael Steiner, the head of UNMIK announced that a Kosovo Trust Agency will be created to oversee the privatization process in order to stimulate investments into the economy. The Agency will have a Board of Directors made up of 3 UNMIK representatives and 3 local representatives, including at least two from the government. (Source: UNMIK)