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The Government of the Republic of Serbia

In the service of citizens

Serbia committed to cooperation in Black Sea region

Belgrade/Athens, 13 December 2019

First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic said today that our country is ready to support any initiative aimed at enhancing cooperation among countries of the Black Sea region, gathered in the BSEC.

At the 41st meeting of the Council of Ministers of the member states of the Organisation for the Black Sea Economic Cooperation, held in Athens, Dacic pointed out that this organisation has great potential, both in the economic sphere and in terms of improving overall cooperation among the members.

Serbia is committed to devoting more time to improving concrete and tangible cooperation among the Member States, with continuous efforts to reform and optimize labour, Dacic said, adding that energy, trade, tourism and transport are of particular interest to our country and that is why we pay the greatest attention to these topics.

With regard to the financing of specific projects, he emphasised that Serbia does not regret spending funds if they are aimed at something that all members would benefit from.

In this regard, we do not diminish the importance of the Project Development Fund, however, we are not ready to invest in potential projects with a lump sum and we do not support the financing of this fund from the already overburdened regular budget of the Organisation.

Dacic said that regional cooperation is one of Serbia's most important foreign policy priorities, both with neighbouring countries and in the wider sense, within the Black Sea region.