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Serbian business forum addresses concerns on energy, investments, and agricultural practices

Businessman Zoran Drakulić shared insights at the Kopaonik Business Forum, discussing key issues in Serbia, particularly in the energy and agriculture sectors. Drakulić expressed skepticism about the selection process for the director of EPS, stating that a highly qualified European energy expert, with 25 years of experience in a major foreign bank, deliberately applied but likely won’t be chosen.

Focusing on Serbia’s energy situation amid the global push for green initiatives, Drakulić criticized the country’s increased coal imports, surpassing previous records. He questioned the necessity of importing coal from Indonesia when Serbian coal is more abundant and cost-effective, emphasizing the need for a strategic approach to energy policies.

Addressing foreign investments, Drakulić voiced support for credible investors but criticized those exploiting cheap labor without long-term commitments. He highlighted the importance of domestic investors and resources for sustained economic growth, cautioning against indiscriminate acceptance of foreign investors.

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Drakulić raised concerns about Serbia’s agriculture, pointing out that despite having four million hectares of land, only 2.4% is under irrigation. He questioned the country’s direction in light of the increasing food imports and urged a reevaluation of agricultural policies.

In conclusion, Drakulić expressed worry about Serbia’s economic growth rate over the past 15 years, emphasizing the need for a more comprehensive and forward-thinking economic strategy. He urged a shift towards sustainable practices, considering global trends such as the inevitable transition to hydrogen-powered transportation.

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