Belgrade Stock Exchange signed Memorandum of Understanding with the Shanghai Stock Exchange to establish cooperation between the two exchanges in the fields of research, product development, exchange of experience and good practices, as well as staff exchange. The signing ceremony was held virtually.
On behalf of the Shanghai Stock Exchange, the Memorandum was signed by Mr. Cai Jianchun, President of the Shanghai Stock Exchange, while on behalf of the Belgrade Stock Exchange, Mr. Siniša Krneta, Director, signed the Memorandum.
Serbia is the first Central and Eastern European country to establish a comprehensive strategic partnership with China and an active supporter of the “Belt and Road” initiative.
China and Serbia have a deep tradition of friendship. In recent years, with the support of both governments, China-Serbia cooperation has thrived on various fronts. Particularly, new opportunities of cooperation have emerged in the area of capital markets. The MOU not only opens a new chapter for future collaboration between the SSE and BELEX, but also sets a good example for the two capital markets to stand together against the coronavirus pandemic.