Sitemap

Serbia And China Started Negotiations On Free Trade

CorD Recommends

German-Serbian Chamber of Commerce Boosts Support for Startups

The German-Serbian Chamber of Commerce has announced its renewed support for startups, with a strong emphasis on digitalization and...

Zoran Andjelković Ascends to Directorship of Serbian Post

Zoran Andjelković has been appointed as the new acting director of Pošta Srbije (Serbian Post), as announced in the...

Business Event Hosts Serbian Employment Service Presentation

In Belgrade on the 15th of May, the Slovenian Business Club, in collaboration with the National Employment Service of...

Golubac Marks Milestone with Inauguration of Eastern Serbia’s First Wind Farm

In a significant development for Serbia's renewable energy sector, Golubac celebrated the grand opening of the "Krivača" wind farm,...

Conference “Thinking Green & Living Clean” Held

On Wednesday, 15 May, the "Thinking Green & Living Clean" conference took place at the Sava Center, marking the...

Serbia and China have officially started negotiations on free trade between the two countries by signing a Memorandum of Understanding, the Government announced.

The memorandum was signed in Beijing by the Serbian Minister of Internal and Foreign Trade, Tomislav Momirović, and the Minister of Trade of the People’s Republic of China, Wang Wentao, confirming that Serbia is an important strategic partner of China in the Western Balkans.

“This is another big step in the additional strengthening of our economy”, said Momirović and added that ten years ago exports to China amounted to six million dollars, and last year it amounted to 1.3 billion dollars, which confirms the fact that we are a common  achieved enormous success and further developed our economic relations.

He pointed out that one of the main tasks in the coming period is the implementation of the free trade agreement, which will give our companies new opportunities on the Chinese market, and on the other hand, Chinese companies will make even greater successes in Serbia.

The minister stated that it is expected that next year, when this agreement enters into force, our exports will exceed the amount of two billion dollars, which will be a real success.

By signing the Memorandum of Understanding, which formally begins negotiations on free trade between Serbia and China, Momirović also ended his three-day visit to China.

Photo: must.gov.rs

Related Articles

Golubac Marks Milestone with Inauguration of Eastern Serbia’s First Wind Farm

In a significant development for Serbia's renewable energy sector, Golubac celebrated the grand opening of the "Krivača" wind farm, marking the region's first venture...

Serbia and Albania Witness Significant Trade Surge, Reaching 311.4 Million Euros in 2023

Serbia and Albania saw a notable boost in trade exchange, hitting 311.4 million euros in 2023, an 8% increase from the previous year. Exports...

Serbia and Ukraine Strengthen Ties During High-Level Visits

During a significant visit by Olena Zelenska, the wife of Ukrainian President Volodymyr Zelenskiy, and Ukrainian Foreign Minister Dmytro Kuleba, Serbia has pledged its...

Ukraine’s First Lady Visits Serbia in Historic Diplomatic Move

Ukraine's First Lady, Olena Zelenska, arrived in Belgrade on Sunday, marking a historic visit as the first top Ukrainian official to visit Serbia since...

Mercator-S Becomes Serbia’s First “Green” Retail Chain

In a groundbreaking move towards sustainability and environmental protection, Mercator-S has become Serbia's first "green" retail chain by exclusively using electricity generated from renewable...

EU Delegation Hosts Europe Day Celebration in Belgrade

Emanuele Giaufret, head of the European Union delegation, hosted a reception celebrating Europe Day, which honours peace and unity on the continent. The event...

Budapest-Belgrade High-Speed Railway Back on Track, Ahead of Schedule

The Budapest-Belgrade high-speed railway project, funded through China’s Belt and Road Initiative, is back on track with renewed momentum. Track-laying works on the Hungarian side...

President Xi Jinping Highlights China-Serbia Partnership for Global Peace and Development

President Xi Jinping's official visit to Belgrade underscored the strong China-Serbia partnership, reaffirming their shared commitment to global peace and development During his official visit...