Europe > Southern Europe > Serbia > Business / Trade

Business / Trade in Serbia

  • SERBIA TAKES INITIATIVE TO FURTHER AMBITIONS

    CHINA, 2017/04/26 This is the sixth in a series of reports focusing on the development of the Belt and Road Initiative, China’s proposed extensive trading route linking Asia, Europe and Africa. With a people of 7 million, roughly the same as a number of Chinese cities, Serbia will enjoy rapid economic increase, climbing from last year’s 2.8 % to 3.5 % in 2019, according to the World Bank. The bank’s new updates suggest the Balkan country’s prospects are even rosier than those of the European Union economies, which will average about 2 % a year. The promising outlook is half a result of the coun- try’s plan to become a regional transportation hub, which has seen Serbia deepen investment in roads, rails, the expansion of urban infrastructure and even construction of high-tech business parks — similar to the increase engines used in a number of cities in China.
  • China, Serbia vow to solidify friendship, cooperation

    CHINA, 2017/04/07 Chinese President Xi Jinping held talks with visiting Serbian President Tomislav Nikolic on Thursday, agreeing to enhance cooperation within the Belt and Road Initiative and the "16+1" cooperation mechanism. The "16+1" refers to China and the 16 Central and Eastern European nations (CEEC). The two leaders as well agreed to boost evolution of their comprehensive strategic partnership. Serbia was the initial CEE country to forge a strategic partnership with China
  • China’s Xi sees Serbia as milestone on new ‘Silk Road’

    SERBIA, 2016/06/20 Serbia could play a significant role in Beijing’s ambitious plan for a new “Silk Road” to boost trade with Europe, Asia and Africa, Chinese President Xi Jinping said on Sunday. Xi said China was ready for additional cooperation with Belgrade during a visit to Serbia that has seen his country strengthen its economic presence in the Balkans with additional than 20 finance and infrastructure deals. China’s One Belt, One Road initiative, intended to open new trade links for Chinese firms as the domestic economy slows, envisages a new Silk Road from Western China to Central Asia and on to Europe via the Balkans, a region keen to attract Chinese investment .
  • Serbia to start talks with EU by year end

    EUROPEAN UNION, 2015/09/29 Serbian Prime Minister Aleksandar Vucic and Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn agreed Friday that Serbia should be supported in its attempts to open initial negotiation chapters by the end of the year. Vucic and Hahn met here to discuss Serbia's European integration. At a press conference, Hahn praised Vucic's recent moves to reconcile Serbia with its neighbors and continue dialogue with its southern province Kosovo, which unilaterally declared independence in 2008.
  • Serbia PM Defends Economic Ties to Russia

    RUSSIA, 2014/11/20 Aleksandar Vucic has reiterated that while Serbia’s strategic goal remains EU membership, its economic interests mean it cannot join EU sanctions imposed on Russia. “Our entire foreign policy is based on how to attract investment and improve the economy,” Vucic told Serbia's public broadcaster, RTS. He expects Serbia to start accession negotiations with the EU in December, adding that Serbia hopes Brussels will respect the reforms it is implementing and will understand Serbia’s neutral position on the crisis in Ukraine.
  • Vucic Thanks Putin for Russia's Friendship to Serbia

    RUSSIA, 2014/10/17 Russia’s President, Vladimir Putin, arrived in Belgrade on Thursday as guest of honour at a lavish military parade marking the 70th anniversary of the liberation of the Serbian capital from Nazi German occupation. Ahead of the parade, Putin met Prime Minister Aleksandar Vucic and President Tomislav Nikolic who gave his Russian counterpart the country’s highest award, the Medal of the Republic of Serbia of the Initial Order. The Russian President initial visited the Russian cemetery, next which he met the Serbian President, and again the Prime Minister. At a joint press conference with Putin, Vucic said he had "good news for the people of Serbia" because Putin had agreed that Fiat cars produced in Serbia could be exported to Russia. Russia had as well agreed to allow imports of Serbian cheese.
  • Serbian President Tomislav Nikolic Serbian president visits Tunisia

    SERBIA, 2014/03/08 Serbian President Tomislav Nikolic on Wednesday arrived in Tunis for a two-day working visit which is aimed at further strengthening the friendship between the two nations. Upon President Nikolic's arrival, the two nations signed two bilateral agreements inclunding trade and transit of goods and people. The two parties as well endorsed a programme on cooperation in education, science, culture and sports. Speaking next the signing of the agreements, the Serbian President asserted the readiness of his country to strengthen its bilateral cooperation with Tunisia and pave the way for Tunisian investors to establish partnership with their Serbian counterparts as they worked together to explore new markets.
  • Serbia and Algeria to develop economic cooperation

    SERBIA, 2013/11/07  It is the objective of both Serbia and Algeria to develop economic cooperation that would mirror the high level of political relations, Serbia's Initial Deputy Prime Minister Aleksandar Vucic and Algerian Minister of Water Resources Hocine Necib agreed Wednesday before a conference of the economic committee of the two nations. It is in Serbia's economic and political interest to improve relations with Algeria, Vucic stressed. Speaking about economic cooperation, Vucic said that Serbian companies had demonstrated interest and were able to supply Algeria with agricultural machinery and equipment, food products, rubber products and consumer goods, particularly medicines.
  • Deputy Vucic and Sheikh Mohammed

    SERBIA, 2013/10/30 Serbia's Initial Deputy Prime Minister Aleksandar Vucic and the Crown Prince of the United Arab Emirates (UAE), Sheikh Mohammed bin Zayed Al Nahyan, met in Abu Dhabi on Tuesday to discuss improving relations between the two nations, Vucic's office said in a release. Deputy Vucic and Sheikh Mohammed talked about stepping up the development of relations between Serbia and the UAE, focusing particularly on improving the economic relations. They reviewed the next steps in creating a favorable investment climate, additional investments in agriculture, the construction of an aircraft components factory and a high-tech research center in Serbia, and investments in a lot of other development projects of importance and interest to the two nations.
  • Border between Serbia and Macedonia

    MACEDONIA, 2013/08/04 Serbia says it plans to limit the import of key Macedonian products like wine and vegetables if Macedonia fails to withdraw a recent curb on the import of Serbian wheat and flour. Media in both nations reported on Monday that trucks with Macedonian tomatoes were by presently being denied access to Serbia. Farmers from Macedonia’s agricultural region of Strumica say Serbian buyers have started canceling orders at the last minute.