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The Government of the Republic of Serbia

In the service of citizens

Political relations, economic cooperation with China at a high level

Belgrade/Budapest, 28 November 2017

Prime Minister Ana Brnabic and Premier of the People's Republic of China Li Keqiang assessed today in Budapest that the political relations of the two countries are remarkable and are characterised by a comprehensive strategic partnership.

Brnabic and Li focused on the economic cooperation between Serbia and China, which they assessed as very successful, especially when it comes to transport infrastructure and energy.

The Prime Minister underlined that our country is very proud of the trilateral project of modernisation of the Belgrade-Budapest railway line, which is the most important infrastructure project for us, noting that this is seen as the beginning of completion of the entire railway network of Serbia.

The prime ministers of Serbia and China noted that the agreements signed by representatives of the two countries during yesterday's Summit of China and the countries of central and eastern Europe in Budapest are of great importance.

Membership in the European Union is a key foreign policy goal of Serbia, which is fully defined for continuing and deepening cooperation with China in all areas, Brnabic said.

China's unequivocal support for Kosovo-Metohija, and in particular the prevention of the so-called Kosovo becoming a member of UNESCO, confirms the traditional friendship between the two countries and two nations, she said, adding that Serbia consistently supports the policy of "one China".

Brnabic and Li also discussed the continuation of direct Chinese investments in Serbia and the growth of exports of Serbian products to that country.

The Prime Minister recalled that recently laid the cornerstone for the construction of the new block TPP Kostolac B3, as the largest investment in the domestic energy sector in the last three decades, and that the total value of joint projects of Serbia and China at this moment is about $6 billion.

In addition to energy and infrastructure, Serbia and China are developing cooperation in many other areas, she pointed out and emphasised the significance of the project of the industrial Park Borca, as one of the main priorities of Serbia in which large Chinese investments are expected, as well as cooperation in the fields of agriculture, health, culture, science, education, tourism, sports and other fields.

We are particularly pleased that a contract will soon be signed in Beijing on the opening of the Serbian Cultural Centre in the Art District 798, as well as the opening of the Chinese Cultural Centre in Belgrade as soon as possible, she pointed out.

Through the mechanism of cooperation "16+1" and the initiative of President Xi Jinping "Belt and Road", as well as strong support of China on a bilateral and multilateral level, we will continue the continuity of the policy of friendship and full cooperation, she said.