spot_img
Supported byspot_img

Serbia’s free trade agreement with China: A key step towards future development

Ana Brnabić, President of the Assembly of Serbia, emphasized the significance of the free trade agreement between Serbia and China, which took effect on July 1. She described it as a crucial document for Serbia’s future development, enhancing trade, cooperation, and particularly benefiting the agricultural sector and food industry.

Brnabić highlighted that this agreement effectively removes barriers for Serbian products in China, stating, “For our economy, especially for our agricultural products and food industry, there are no more borders—only the sky is the limit.” She expressed admiration for China’s remarkable progress over recent decades, noting the impressive evolution witnessed in the country.

She credited this transformation to strategic planning and bold political decisions, which have led to significant infrastructure advancements in China. These developments, she noted, also contribute positively to global markets through initiatives like the “Belt and Road.”

Supported by

The President underscored the substantial growth in trade and cooperation between Serbia and China over the last ten years. In the past three years, China has emerged as the largest foreign investor in Serbia, with three Chinese companies ranking among the top five exporters from Serbia. Last year, bilateral trade exceeded six billion dollars, placing China as Serbia’s second most important trading partner after Germany.

When asked how Serbia can integrate into Chinese modernization, Brnabić pointed to key areas such as modern technology, innovation, and investments in education, science, and research. She articulated Serbia’s ambition to become a European leader in artificial intelligence and biotechnology, aligning its goals with the modern technological landscape.

Suppported byOwner's Engineer

President discusses global challenges and economic cooperation with Chinese Vice Premier

"It is a great honor to have the opportunity to meet with the Vice Premier of the People's Republic of China at such a...

Business ideas in Serbia with investment under 5,000 euros: Opportunities for entrepreneurs

Starting a business in Serbia with an investment of up to 5,000 euros is definitely possible, especially when focusing on creative ideas and fulfilling...

New minimum wage regulations effective January 1, 2025: Key changes for employers and employees

Starting January 1, 2025, the new minimum labor price, excluding taxes and mandatory social insurance contributions, will be 308 dinars (net) per working hour,...
Supported byspot_img
Supported byspot_img
Supported byspot_img
error: Content is protected !!