First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic pointed out today that last year's trade exchange between Serbia and the Russian Federation was $3.06 billion, of which Serbian exports amounted to $1 billion.
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Serbia, Russia relations at high level
Belgrade,
7 March 2019
After a meeting of the Intergovernmental Committee for trade, economic and scientific-technical cooperation of Serbia and the Russian Federation, Dacic specified that out of the $1 billion of Serbian exports to that country, $350 million are for agricultural products, while most of the Serbian imports from Russia are made up of energy products.
The First Deputy Prime Minister, who is also co-chairman of the Intergovernmental Committee, expressed the hope that some of the countries through which the Turkish Stream gas pipeline should pass, will not give up on this project.
Russian Deputy Prime Minister Yury Borisov explained that when it comes to the construction of the Turkish Stream, not all depends on Russia, but on Hungary and Bulgaria too.
Borisov said he received assurances from Serbian President Aleksandar Vucic that Bulgaria and Hungary are ready to build this gas pipeline.
He also assessed that the relations between the two countries are at a high level and that new areas of cooperation are being sought.
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