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The Government of the Republic of Serbia

In the service of citizens

Serbia committed to strengthening economic cooperation in Western Balkans

Belgrade/Jahorina, 3 May 2018

Prime Minister Ana Brnabic said today at the opening of "Jahorina Economic Forum" that regional cooperation and safeguarding peace and stability are a prerequisite for attracting new domestic and foreign investment and further economic development, as well as the foundation of prosperity of the entire region.

Brnabic stressed that it is our obligation, as responsible leaders, to work together to create a better life, the certainty and prosperity for all our citizens.

That is why the European perspective of the region is especially important, she said, adding that EU membership is not an end in itself, but the reforms implemented in the process of European integration that lead to the transformation into a modern and well-regulated society.

The Prime Minister pointed out that the region faces similar challenges in the process of reforms and European integration, and that is why political will, understanding and strengthening of cooperation are crucial for further progress.

Serbia is committed to strengthening and improving economic cooperation in the Western Balkans, because the strong economy is the key to a strong and prosperous region, she reiterated.

Brnabic noted that the economic cooperation between Serbia and Bosnia-Herzegovina is good, pointing out that last year was a record in the field of mutual trade, which reached €1.7 billion.

The Prime Minister recalled that the GDP growth in the first quarter of this year was 4.5 percent, which is significantly higher than the projected growth of 3.9 percent, noting that this is the result of reforms undertaken by the previous government and continued by the current one.

She highlighted the assessment from the European Commission Report, which emphasizes the constructive role of Serbia in regional cooperation and relations in the region.

Serbia remains committed to these goals, because they are essential for the peace, stability and progress of the region, as well as for a better life of our citizens, Brnabic concluded.