Q:
A:
Serbia’s EU integration does not exclude cooperation with Russia
Belgrade,
19 October 2009
Deputy Prime Minister for EU integration and Minister of Science and Technological Development Bozidar Djelic today stated that Serbia’s EU integration process does not exclude or diminish the importance of its cooperation with Russia.
Author:
infobiro.tv
At the meeting of the Russian-Serbian business forum Djelic said that Serbia’s accession to the EU will undoubtedly lead to increased interest from both Russian and European companies in investing in Serbia.
Serbia and Russia’s mutual political support is almost taken for granted, Djelic said, adding that Serbia is very grateful for Russia’s principled support to its sovereignty and territorial integrity.
Djelic recalled that Russia was Serbia’s largest foreign trade partner in 2008, with a trade volume of € 2.75 billion.
In the first eight months of 2009 our foreign trade reached $1.1 billion, Djelic noted, adding that this is almost 40% less than in the same period last year.
The Deputy Prime Minister stressed that with its investment in NIS, Russia has become the largest individual investor in Serbia in 2009.
Cooperation in the energy sector resulted in a clear strategic partnership through the joint company NIS and a series of joint infrastructure projects, such as construction of the underground storage facility Banatski Dvor, the Southern Stream gas pipe line and the reconstruction of the Djerdap hydro electric power plant, the Deputy Prime Minister explained.
President of the Business Council for Cooperation with Serbia and vice president of Lukoil Vadim Vorobyov said that Serbia is the most important partner of Russia in the Balkans.
Vorobyov said that Russia has invested almost RSD 1 billion in the Serbian economy in the past five years. He recalled that in 2003, Lukoil purchased Beopetrol, Gazprom privatised NIS, and Gazprom and the Serbian gas company Srbijagas reached an agreement on the construction of a 400 km section of the Southern Stream gas pipeline.
Vorobyov said that Serbian companies also started investing in Russia to the value of $100 million and added that in these times of crisis, special attention should be paid to the development of small and medium-sized enterprises.
Serbia and Russia’s mutual political support is almost taken for granted, Djelic said, adding that Serbia is very grateful for Russia’s principled support to its sovereignty and territorial integrity.
Djelic recalled that Russia was Serbia’s largest foreign trade partner in 2008, with a trade volume of € 2.75 billion.
In the first eight months of 2009 our foreign trade reached $1.1 billion, Djelic noted, adding that this is almost 40% less than in the same period last year.
The Deputy Prime Minister stressed that with its investment in NIS, Russia has become the largest individual investor in Serbia in 2009.
Cooperation in the energy sector resulted in a clear strategic partnership through the joint company NIS and a series of joint infrastructure projects, such as construction of the underground storage facility Banatski Dvor, the Southern Stream gas pipe line and the reconstruction of the Djerdap hydro electric power plant, the Deputy Prime Minister explained.
President of the Business Council for Cooperation with Serbia and vice president of Lukoil Vadim Vorobyov said that Serbia is the most important partner of Russia in the Balkans.
Vorobyov said that Russia has invested almost RSD 1 billion in the Serbian economy in the past five years. He recalled that in 2003, Lukoil purchased Beopetrol, Gazprom privatised NIS, and Gazprom and the Serbian gas company Srbijagas reached an agreement on the construction of a 400 km section of the Southern Stream gas pipeline.
Vorobyov said that Serbian companies also started investing in Russia to the value of $100 million and added that in these times of crisis, special attention should be paid to the development of small and medium-sized enterprises.
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