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U.S. awards $526,600 grant for Albanian port study

U.S. awards $526,600 grant for Albanian port study

   The U.S. Trade and Development Agency has awarded the Albanian Ministry of Economy a $526,600 grant to fund a study on expanding and modernizing the Port of Vlore.

   The study will cover future cargo demands and consider the feasibility of building a new oil terminal and distribution system at the port.

   “The grant represents the on-going USTDA commitment to expand trade throughout the Balkan region and to assist Albania in increasing its trade capacity,” the agency said.