Q:
A:
Intensive economic cooperation with Norway
Belgrade,
5 May 2010
Minister of Trade and Services Slobodan Milosavljevic stated today that during a visit by a Serbian delegation to Norway, areas for advancing cooperation were identified in several sectors, including energy, fish processing and the mechanical industry.
In a statement to the Tanjug news agency, Milosavljevic said that the Serbian economic delegation’s visit led by President Boris Tadic was successful and could lead to intensification of future cooperation.
Norway is the third top investor in Serbia, primarily through Telenor’s purchase of Mobtel, he said.
During its visit, the Serbian delegation held talks with Telenor executives who expressed satisfaction with their cooperation with the Serbian government and business in Serbia, said the Minister.
The volume of trade with Norway is relatively small. In 2009 it stood at less than $20 million, with Serbia bearing the deficit, he said.
Norway is interested in continuing investment in the telecommunications sector, particularly as Telenor has been issued Serbia’s second landline operator licence, he said.
They are also interested in purchasing agricultural and food products from Serbia, he said.
Serbia has signed a free trade agreement with EFTA countries which include Norway and this can open up many opportunities, said Milosavljevic.
Norway is one of the top donors for Serbia, having provided more than €140 million in assistance. The funds were spent on education and health projects and improved the lives of many people, he said.
Serbia has offered cooperation to Norway for building new hydroelectric power plants and wind power plants and for Norwegian companies to take part in the completion of infrastructure projects in Serbia, said the Minister.
It is realistic to expect that friendship, a high level of understanding and a tradition of good relations between the two countries will result in new projects which will contribute to the development of the Serbian market and economy, said Milosavljevic.
Norway is the third top investor in Serbia, primarily through Telenor’s purchase of Mobtel, he said.
During its visit, the Serbian delegation held talks with Telenor executives who expressed satisfaction with their cooperation with the Serbian government and business in Serbia, said the Minister.
The volume of trade with Norway is relatively small. In 2009 it stood at less than $20 million, with Serbia bearing the deficit, he said.
Norway is interested in continuing investment in the telecommunications sector, particularly as Telenor has been issued Serbia’s second landline operator licence, he said.
They are also interested in purchasing agricultural and food products from Serbia, he said.
Serbia has signed a free trade agreement with EFTA countries which include Norway and this can open up many opportunities, said Milosavljevic.
Norway is one of the top donors for Serbia, having provided more than €140 million in assistance. The funds were spent on education and health projects and improved the lives of many people, he said.
Serbia has offered cooperation to Norway for building new hydroelectric power plants and wind power plants and for Norwegian companies to take part in the completion of infrastructure projects in Serbia, said the Minister.
It is realistic to expect that friendship, a high level of understanding and a tradition of good relations between the two countries will result in new projects which will contribute to the development of the Serbian market and economy, said Milosavljevic.
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