Putin visit could help to position Russia better as investor

Russian companies have invested around 1.6 bln euros in Serbia since 2010, making Russia one of the top five foreign investors in Serbia, says Dragan Stevanovic, state secretary at the Serbian Ministry of Economy.

17 Jan 2019 11:49

BELGRADE - Russian companies have invested around 1.6 bln euros in Serbia since 2010, making Russia one of the top five foreign investors in Serbia, says Dragan Stevanovic, state secretary at the Serbian Ministry of Economy.


Russian President Vladimir Putin's visit to Belgrade on Thursday could help to position Russia even better as an investor in Serbia, he said.


The visit is also important for securing gas supplies for the Serbian industry under the most favourable terms, he said.


"To secure gas supplies, good relations with Russia are very significant to us," he told Tanjug.


"We expect President Putin's visit to further improve and increase the very good cooperation and, above all, the good political, economic and all other relations Serbia has with Russia," Stevanovic said.


Russia is a significant market for Serbian producers because 99 pct of Serbian goods are exported to Russia under the most favourable terms, he said.

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