Project Which Will Complete Process of Digitization of All Customs Procedures Begins

The project “Implementation of Automated Systems of Import and Export and Customs Decision Management System” officially began on June 12, 2023, which will complete the process of the digitization of all customs procedures, announced the Customs Administration of the Republic of Serbia. In addition to representatives of the Customs Administration, the event was attended by … Read more

Serbia’s Foreign Trade In goods In The First 4 Months Was 21.94 Billion Euros

Serbia’s total foreign trade in goods for the period January-April this year amounted to 23,632.9 million dollars (23.6 billion dollars), which is 0.3 percent less compared to the same period of the previous year, and expressed in euros 21,944.7 million euros (21.9 billion euros), which is 3.3 percent more, announced the Republic Institute of Statistics. … Read more

Serbia-India business forum in early June in Belgrade – Arrival of companies from IT and specialized industry sectors expected

The Serbian Chamber of Commerce will organize the Serbia-India Business Forum in early June, with expected participation of over 100 representatives of companies from Serbia and 24 international companies from India. This was agreed at a meeting between Marko Cadez, president of the Serbian Chamber of Commerce and Sanjiv Kohli, ambassador of India to Serbia. … Read more

External trade, for March 2023

The overall external trade in the Republic of Serbia for the period January- March 2023 amounted to: – USD 17919.4 million – which was an increase of 1.7% compared to the same period last year; – EUR 16723.2 million – which was an increase of 6.8% compared to the same period last year. The value … Read more

Serbia, China agree to lift air traffic restrictions

Serbia and China have signed a memorandum to remove air traffic restrictions between the two countries, the Serbian government said. This agreement will enable the free operation of air transport between China and Serbia, without the restrictions that existed until now for both Chinese and Serbian air carriers, infrastructure minister Goran Vesic said in a … Read more

FX Reserves of National Bank of Serbia Cover Almost 6 Months’ Worth of Import of Goods and Services

Increasing by EUR 176.2 million from a month earlier, gross NBS FX reserves reached EUR 21 billion and 556.8 million euros at end-April, their highest end-of-month level on record (since 2000), the National Bank of Serbia (NBS) announced. – They covered 176% of money supply M1 and 5.7 months’ worth of the country’s imports of … Read more

S. Korea, Serbia reach tentative deal on bilateral investment treaty

South Korea and Serbia have reached a tentative deal to sign a bilateral investment treaty aimed at promoting mutual investments between the two countries, according to Seoul’s foreign ministry Thursday. The treaty is expected to provide a legal framework for the protection of South Korean investments in Serbia from non-commercial risks, and promote mutual investments … Read more

Rwanda Interested in Importing Large Quantities of Grains from Serbia

Illustration (Photo: Fotokostic/shutterstock.com) Serbia and Rwanda traditionally have very good political relations, the minister of domestic and foreign trade of Serbia, Tomislav Momirovic, said during his visit to Rwanda. At a meeting with the prime minister of the Republic of Rwanda, Eduard Ngirente, he pointed out that “it is time for the economic cooperation between … Read more

China, Serbia announce official launch of FTA negotiations: MOFCOM

China’s Minister of Commerce Wang Wentao met with Serbia’s Minister of Domestic and Foreign Trade Tomislav Momirovic on Wednesday, jointly signing a memorandum of understanding to start negotiations on a free trade agreement (FTA) between the two countries, which will inject more momentum into deepening the comprehensive strategic partnership between the two countries. The announcement … Read more