EBRD president pays three-day visit to Serbia

BELGRADE - President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso is on a three-day visit to Serbia during which she will meet with government authorities, clients, members of the business community and civil society representatives, the EBRD said.

"This will be her second in-person visit to the country, after meetings there in 2023 and a virtual visit during the Covid-19 pandemic in 2021," the EBRD said in a statement.

"I am very much looking forward to visiting Serbia, a country where the Bank has already achieved some remarkable results. Serbia is an important investment destination for us and was the fifth-largest recipient of EBRD funds last year, with nearly 850 mln euros invested in 28 projects," Renaud-Basso said ahead of the July 7-9 visit.

"The EBRD is a leading institutional investor in Serbia and has invested more than 9 bln euros there to date, through 355 projects, the majority of them supporting the private sector. The Bank’s focus in Serbia is on supporting private-sector competitiveness, the green energy transition and sustainable infrastructure," the bank said.