Tatyana Gracheva

The strength of the economic ties between France and Serbia has been highlighted by Ambassador Pierre Cochard. Trade turnover reaching nearly two billion euros proves this fact. Ambassador made this statement at an event that the Serbian Chamber of Commerce (PKS) and “Coface” organized to mark the 10th anniversary of their collaboration and the “EXCELLENT SME” certificate in Serbia.
Pierre Cochard said that trade volume between the two countries increased by 34.2 percent in 2022 compared to the previous year and now approached two billion euros. These words pointed out that the financial support agreement of 2019, aimed to strengthen economic bonds, has particularly reinforced the relationship between the two nations.

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As Radio Free Europe announced on Wednesday, millions are being earned by a number of Serbian companies exporting goods to Russia, bypassing Western sanctions.
According to data to which RFE has access, more than 14,000 shipments of various goods to Russia were registered after the beginning of the war in Ukraine. This showed that goods worth millions of dollars that were on the list of productions covered by the US and European Union sanctions were shipped via Serbian companies.
RFE announced that goods worth more than 140 million dollars had been exported by the Belgrade-based Kominvex alone since the war in Ukraine began. The radio added that about a third were electronic components which could have a military use.
Serbia is recalled not to have aligned with the sanctions policies against Russia.
As RFE said, state of the art technology products, including the US INTEL and AMD, were used to be shipped by Serbian companies. Serbian companies re-exported goods from countries in eastern Asia to Russian companies which are under sanctions individually as part of the supply chain to the Russian military industry.
The Serbian government and Ministries of Internal Affairs and Foreign Trade was said not to have responded to requests for comments and the Customs Authority is said to be refusing to release data on exports claiming it is protecting confidential company information.

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Otar Shamugia, the Georgian Agriculture Minister, and Cao Derong, the President of the Chinese Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products, had a meeting on Wednesday and highlighted close and fruitful economic cooperation between China and Georgia and future ties between the countries. According to Georgia’s Agriculture Ministry, … Read more

The opening ceremony of China International Import Expo, an import industry fair looking to facilitate strengthening of economic cooperation and trade between participating states, was featured in by a Georgian delegation led by the country’s Agriculture Minister Otar Shamugia on Sunday. According to the Georgian Ministry, the relations between the two countries and the strategic … Read more