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Serbia Eyes Stake in Thessaloniki or Piraeus Ports to Boost Exports

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In a strategic move to enhance its export capabilities, Serbia has expressed readiness to acquire a portion of either the Thessaloniki or Piraeus ports, President Aleksandar Vučić announced at the Serbian-Greek Business Forum held at the Palace of Serbia. Highlighting the importance of leveraging the capacities of these key ports to support Serbia’s growing export demands, particularly in the automotive, mining, and steel production sectors, Vučić emphasized the critical nature of this initiative for Serbia’s economic expansion.

The forum brought together over 360 Serbian and Greek business leaders from approximately 160 companies across various sectors, including energy, infrastructure, IT, finance, tourism, and circular economy. The event served as a platform for discussing significant business deals and collaborative projects like “Leap into the Future” and “Belgrade Expo 2027.” Marko Čadež, President of the Serbian Chamber of Commerce (PKS), noted the consolidation of the Greek economy and the surge in Serbia’s economic growth, suggesting vast potential for cooperation across all sectors.

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Greek Prime Minister Kyriakos Mitsotakis, addressing the forum participants, expressed confidence in Greek companies contributing to Serbia’s ambitious economic goals set for 2027. The forum underscored the dynamic and positive developments in Serbian-Greek business relations, with over 250 active Greek companies in Serbia employing more than 1,000 people. Following the forum, bilateral meetings between Serbian and Greek business leaders took place, further cementing the economic ties between the two nations.

According to the Republic Statistical Office, the total trade exchange between Serbia and Greece reached €792.3 million in the year 2023, marking a significant stride in their bilateral economic relations.

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