China–Montenegro relations

China–Montenegro relations are foreign relations between the People's Republic of China and Montenegro. People's Republic of China has officially recognized Montenegro on June 14, 2006. Diplomatic relations between the two countries were established on July 7, 2006. China transformed its consulate into an embassy in Podgorica on July 7, 2006. Montenegrin embassy in China opened in Beijing on November 13, 2007.[1]

Chinese-Montenegrin relations

China
Montenegro

Economic relations

In 2012, Total trade between the two countries amounted 134,406,987 euros, of which imports from Montenegro were 130,605,327 euros, and exports to China were 3,801,660 euros. Direct investment from China to Montenegro amounted to 440,000 euros.[1] China has several projects of investments in the field of construction of highways, power plants and other infrastructures.[2] However, concerns are growing as this small European country is unable to repay its debts and falling into Chinese debt trap.

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References
  1. http://www.mvpei.gov.me/rubrike/bilateralni-odnosi/bilateralni-odnosi/kina Ministry of Foreign Relations of Montenegro (in Montenegrin only)
  2. http://www.fmprc.gov.cn/mfa_eng/wjb_663304/zzjg_663340/xos_664404/gjlb_664408/Montenegro_664680/ Ministry of Foreign Affairs of China
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