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The Government of the Republic of Serbia

In the service of citizens

Strengthening economic cooperation with Nordic countries

Belgrade, 7 December 2015

Prime Minister Aleksandar Vucic today expressed the expectation that the foreign trade between Serbia and the Nordic countries this year will be about 15% higher than in 2014, when it stood at €384.6 million.

Vucic said at a press conference after the working meeting with representatives of Nordic Business Alliance in Serbia, that the foreign trade exchange between Serbia and the countries in the first 10 months of this year amounted to €425.5 million, and noted that it is expected to be increased several times in the next two years.

He said that the partners of Nordic Business Alliance see Serbia progressing on the European path and that it is out of recession, and that the reduced fiscal deficit and unemployment is below 17%, which means the lowest level since 2008, and that our country jumped by 32 places on the World Bank’s doing business list.

According to Vucic, the task of our state is to work on the problem of fiscal charges, and to see how it can help companies in their business.

Vucic pointed out that there are now two Nordic companies on the list of 15 biggest exporters in Serbia, and expressed his conviction that there will be more such companies.

He also said that he is ready to hear every opinion, and reiterated that our country is open for cooperation with these companies.

The Prime Minister said that the decision to sell the company "Telekom Srbija" will be made on 9 or 10 December, announcing additional analysis of the situation.

Vucic expressed hope that the Serbian government will be able to make fair and the best decision for Serbia.

The first working meeting of the Prime Minister of Serbia and Nordic companies was held today in the presence of representatives of the embassies of the Nordic countries - Denmark, Norway, Finland and Sweden.

Along with Prime Minister Vucic, participants were Swedish Ambassador in Belgrade Christer Asp and Chairman of the Board of Governors of Nordic Business Alliance Jasmina Vignjevic.