Sitemap

Russia and Serbia sign an Agreement on Cooperation

CorD Recommends

Celebration Of 115 years Of Diplomatic Relations Between Egypt and Serbia

On Thursday, November 23, the Slavija Fountain...

Serbia and Cyprus Strengthen Ties with Three New Cooperation Memorandums

In a significant diplomatic event held in...

Serbia Appoints New Ambassadors to Sweden, Venezuela, Brazil, and Libya

Serbia has announced the appointment of four...

Chinese Firms Lead as Serbia’s Top Exporters

Three Chinese companies have emerged as the...

Serbia Acquires Historic WWII Directive Ordering Attack on Yugoslavia

The Government of the Republic of Serbia announced that, following its recent acquisition of a piece by Paja Jovanović...

Belgrade Hosts International Energy and Environmental Fairs

At the Belgrade Fair, the 18th International Energy Fair and the 19th International Environmental Protection Fair have been opened,...

French Week Celebrated with New Beaujolais and French Ile de France Cheeses

Another celebration of French Week, a now traditional event, was kicked off with a grand welcoming of the new...

Milan Radulović Awarded French Order of Arts and Letters

Milan Radulović, the director of the Music Youth of Novi Sad and the Novi Sad Music Festivities, has been...

Swedish High-Tech Electric Ferry Sets New Public Transport Standard

Cities worldwide view clean and efficient public transportation as a key strategy for reducing carbon emissions.  For cities with...

Russia and Serbia signed an Agreement on Cooperation between the Direct Investments Fund of the Russian Federation and the Development Agency of Serbia. The agreement was signed by Kirill Dmitriev, the Chief executive officer of RFID, and Rados Gazdic the Director of Development Agency of Serbia.

Russian Direct Investment Fund (RDIF) and the Development Agency of Serbia, signed an Agreement on cooperation. The parties will work together to identify attractive investment projects to strengthen bilateral ties and increase investment flows between Russia and Serbia. The corresponding agreement was officially signed today in the presence of Russian President Vladimir Putin and President of the Republic of Serbia, Aleksandar Vučić.

Chief executive officer of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, noted that Russian businesses have a great interest in investing in Serbia.

“We believe that RDIF’s interaction with Serbian partners can double the level of investment between our countries in the next five years. We are ready to realize the potential of strengthening investment cooperation between Russia and Serbia, including by attracting RDIF’s international partners to participate in joint projects between Russian and Serbian companies.”, Dmitriev said.

“This particular agreement between Development Agency of Serbia and Russian Direct Investment Fund for us represents important support to further development projects and investments in Serbia. Both of the countries will help and promote companies in the Republic of Serbia and in Russian Federation when it comes to the realization of investment projects”, said the Director of Development Agency of Serbia, Radoš Gazdić.

Russian Direct Investment Fund (RDIF) is Russia’s sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 70 projects with foreign partners totalling more than 1.4 trillion rubles and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 700,000 people and generate revenues which equate to more than 5% of Russia’s GDP. RDIF established joint strategic partnerships with leading international co-investors from more than 15 countries that total more than 40 billion dollars. Further information can be found at www.rdif.ru.

Serbia and Russia on Thursday signed over 20 agreements, memorandums, accords and protocols on future cooperation. The documents were signed after a meeting of Serbian and Russian delegations headed by Presidents Aleksandar Vučić and Vladimir Putin, during the Russian leader’s visit to Serbia.

Related Articles

Finland to Close Several Border Crossings with Russia Amid Asylum Influx

Finland is set to close four of its nine border crossings with Russia in an effort to stem the influx of asylum seekers, Prime...

Russia Excluded from UN Human Rights Council Membership

The United Nations General Assembly, in its recent session, did not elect Russia to the Human Rights Council for the 2024-2026 term, as confirmed...

Belarus to Integrate its Energy System with Russia by Early 2024

Belarus is set to finalise documentation that will commence the integration of its energy infrastructure with Russia's, paving the way for a unified energy...

BRICS Summit to Discuss Departure from Dollar Dominance

Leaders from the BRICS nations—Brazil, Russia, India, China, and South Africa—are set to convene in Johannesburg for a significant summit that could reshape the...

Russia Launches Its First Spacecraft to The Moon After 47 Years

Russia is set to launch its first spacecraft destined for the Moon on Friday, marking a 47-year milestone, and entering the race with India...

Putin Signs Law Introducing Digital Ruble

Russian President Vladimir Putin has signed a law on the introduction of the digital ruble and the creation of a corresponding electronic platform. The...

Russia Day Marked

A reception was organized at the Russian Embassy in Serbia marking the Russia Day, a national holiday established on the occasion of the adoption...

Reception On The Occasion Of The Russia Day

A reception was organized at the Russian Embassy in Serbia, marking Russia Day, a national holiday established on the occasion of the adoption of...