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A:
Italy is Serbia’s key economic partner
Belgrade,
13 October 2010
Deputy Prime Minister for European Integration and Minister of Science and Technological Development Bozidar Djelic stated today that along with Germany, Italy is Serbia’s key economic partner.
Speaking at a media economic forum “Towards the European Union: Italy and Serbia, A Strategic Partnership”, Djelic underlined that economic relations between these two countries are improving, noting that in the first eight months of 2010 Italy’s exports to Serbia doubled compared to the whole of 2009.
Although Serbia is in deficit, its exports to Italy make up one of the most important export figures, which last year exceeded €500 million, adding that 250 Italian companies are doing business in Serbia with an annual turnover of around €2.5 billion.
The Deputy Prime Minister noted that over the last three months there has been increased interest of foreign investors to invest in Serbia, mostly from the north of Italy, southern Germany, Austria and Slovenia.
Djelic added that at the moment Serbia can constitute one part of the solution to the crisis in Italy, noting that once Fiat launches the production of a new car model next year and once suppliers arrive in Serbia, there will be more talk about increasing Italian investment in Serbia.
Although Serbia is in deficit, its exports to Italy make up one of the most important export figures, which last year exceeded €500 million, adding that 250 Italian companies are doing business in Serbia with an annual turnover of around €2.5 billion.
The Deputy Prime Minister noted that over the last three months there has been increased interest of foreign investors to invest in Serbia, mostly from the north of Italy, southern Germany, Austria and Slovenia.
Djelic added that at the moment Serbia can constitute one part of the solution to the crisis in Italy, noting that once Fiat launches the production of a new car model next year and once suppliers arrive in Serbia, there will be more talk about increasing Italian investment in Serbia.
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