Q:
A:
Textile industry Serbia’s largest exporter
Belgrade,
11 May 2009
Serbian Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic today stated that after a long period of time the textile industry has become one of the nation’s top exporters.
Mladjan Dinkic
Author:
Fonet
Following a meeting with representatives from Serbia’s top export companies and the banks which participate in the government’s programme for providing favourable loans to citizens, Dinkic pointed out that certain EU textile factories have already transferred their work to Serbia or will soon.
He noted that the second largest exporters are the factories producing electricity-generators, the third those producing aluminium foil and the producers of corn hold fourth position.
The Minister pointed out that in April and May the Sevojno Copper and Aluminium Rolling Mills sold out all their products, while the arms industry expects exports to reach €300 million by the end of this year.
Dinkic said that although a fall in exports was recorded in the first three months of 2009, the export of food products went up by 11% and the export of agricultural products by 32% in March 2009, compared to the same period last year.
According to the Minister from May 18, farmers will be able to apply for very favourable loans.
He said that out of nearly RSD 80 billion worth of loans, already RSD 30 billion has been approved.
Speaking on foreign trade, the Minister said that a surplus is recorded with Montenegro, Macedonia, Bosnia-Herzegovina and for the first time, Iraq, to the amount of €50 million.
He said that a loan arrangement for the arms industry is expected to increase exports of these products to nearly $300 million by the end of the year.
Dinkic announced that a one stop procedural system for the registration of firms will be operational from tomorrow, uniting four institutions: Business Registers Agency, Tax Administration, Health Insurance Directorate and Pension and Disability Insurance Fund.
He noted that the second largest exporters are the factories producing electricity-generators, the third those producing aluminium foil and the producers of corn hold fourth position.
The Minister pointed out that in April and May the Sevojno Copper and Aluminium Rolling Mills sold out all their products, while the arms industry expects exports to reach €300 million by the end of this year.
Dinkic said that although a fall in exports was recorded in the first three months of 2009, the export of food products went up by 11% and the export of agricultural products by 32% in March 2009, compared to the same period last year.
According to the Minister from May 18, farmers will be able to apply for very favourable loans.
He said that out of nearly RSD 80 billion worth of loans, already RSD 30 billion has been approved.
Speaking on foreign trade, the Minister said that a surplus is recorded with Montenegro, Macedonia, Bosnia-Herzegovina and for the first time, Iraq, to the amount of €50 million.
He said that a loan arrangement for the arms industry is expected to increase exports of these products to nearly $300 million by the end of the year.
Dinkic announced that a one stop procedural system for the registration of firms will be operational from tomorrow, uniting four institutions: Business Registers Agency, Tax Administration, Health Insurance Directorate and Pension and Disability Insurance Fund.
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