The Government of Montenegro, at its 56th session, has approved the draft Law on Foreign Trade in Goods That Could Be Used for Capital Punishment, Torture, or Other Cruel, Inhuman, or Degrading Treatment or Punishment, as well as the Draft Law on Mediation in the Sale and Leasing of Real Estate, according to a statement from the Ministry of Economic Development.
These two legislative proposals, prepared by the Ministry of Economic Development, represent continued and intensive efforts in Montenegro’s European integration process. Nik Đeljošaj, Deputy Prime Minister for Economic Policy and Minister of Economic Development, emphasized the progress Montenegro has made toward EU membership in recent years. “Through these proposals, we continue our focused work in the process of European integration. We can proudly say that this year, the Ministry of Economic Development has made significant strides toward Montenegro’s EU membership,” Đeljošaj stated.
Amendments to the Law on Foreign Trade
The Draft Law on Foreign Trade in Goods that could potentially be used for the execution of the death penalty, torture, or other forms of inhuman treatment is designed to bring Montenegro’s legal framework into closer alignment with EU standards.
Given that Montenegro’s current law was adopted in 2018, the new law updates it in accordance with the European Parliament and Council Regulation (EU) 125/2019, which was adopted on January 16, 2019. The new legislation aims to better regulate the trade of goods that could be misused for capital punishment or torture, ensuring Montenegro complies with international human rights standards.
Law on Real Estate Mediation
Additionally, the Draft Law on Mediation in Real Estate Sales and Leasing is a step toward introducing more order and transparency into the real estate sector. The proposed law aligns Montenegro’s practices with EU standards, promoting the development of the local real estate market and improving service quality for both buyers and sellers.
By introducing clear regulations and standards, the new law aims to increase the competitiveness of businesses in this sector, which will, in turn, improve the overall business environment in Montenegro. This alignment with EU norms is expected to make Montenegro’s real estate market more attractive to foreign investors.
The government’s commitment to improving legal standards in these areas underscores the ongoing modernization of Montenegro’s legislative framework as it works toward its goal of EU membership.
