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The Government of the Republic of Serbia

In the service of citizens

Serbia, Italy, Romania to set up industrial district

Belgrade, 9 March 2009

Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic met today with Italian Minister for Economic Development Claudio Scajola and voiced his pleasure at the constant increase in economic exchanges between the two countries.

Claudio Scajola, left, and Mladjan Dinkic

Author: Fonet

Dinkic also thanked Italy for supporting Serbia’s EU integration, adding that the increase of Italian investment in Serbia is very important, as well as the agreement on a strategic partnership with Fiat.

He stressed that an agreement on a favourable credit line for SMEs amounting to €30 million is underway, which will enable Serbian companies to purchase Italian equipment.

Dinkic explained that this is an Italian governmental aid programme worth €198 million, adding that when it comes to trading partners in 2008, Italy was the third-ranked country.

Dinkic specified that Italy holds the second place when it comes to Serbia’s exports and imports with the EU.

Scajola said he suggested that an Italian, Serbian and Romanian district is established and that the three sides sign a trilateral agreement.

He noted that Italy has already invested €800 million in Serbia and is therefore among the top five investors, adding that around 200 Italian companies are doing business in Serbia, providing approximately 18,000 jobs.

The meeting concluded that Italy is one of the most important of Serbia’s foreign trade partners and that economic cooperation between two countries is very good.