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The Government of the Republic of Serbia

In the service of citizens

Positive trend in development of economic relations with Russia

Belgrade/Moscow, 3 October 2018

First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic, who is currently in Moscow and participates in the International Energy Forum "Russian Energy Week", met with Deputy Prime Minister of the Russian Federation Yuriy Borisov.

Dacic also met with Alexei Miller, President of Gazprom.

He told the press that the meeting with Borisov, who is also co-chairman of the Serbian-Russian Intergovernmental Committee for Trade, Economic and Scientific-Technical Cooperation, was very important because an agreement was reached that the Intergovernmental Committee meeting be held in early November in Belgrade.

According to Dacic, it was concluded that there is a positive trend in the development of our economic relations, and that each year the volume of our foreign trade is growing, which amounted to $2.5 billion last year.

At the same time, Dacic stated that Miller informed him at the meeting about the progress of works on "Turkish Stream", as well as the talks that "Gazprom" has with Bulgaria regarding the gas pipeline through that country towards Serbia.

For Serbia, the issue of another route of gas supply is of great importance, Dacic emphasised, and stated that it was established that there are no obstacles to that, that we are absolutely responsible for the joint construction of these plants through Serbia, but that all relations with Bulgaria should be resolved so as to avoid problems in building a gas pipeline again.