A Belgrade-based economic bulleting reported on Monday that Serbia’s external trade deficit stood at more than a billion Euro in May 2022, the highest ever recorded. “Serbia had the highest every monthly external trade deficit of 1.141 billion Euro in May … with exports to import ratio standing at 73 percent compared to the average … Read more
Illustration (Photo: Francesco de Marco/Shutterstock) From next year, Serbia will get a favored status regarding the export of certain quantities of cheese, butter, alcohol and cigarettes, following earlier difficulties to approve customs-free export of the several products important to the country to the market of the Eurasian Economic Union (EAEU). Russian media reported that, from … Read more
The Eurasian Economic Community (EAEC) will secure for Serbia customs-free importing quotas for certain kinds of cheeses, alcohol tinctures and cigarettes for 2023, Russian media report. According to the draft decision of the EAEC, the customs-free quota of up to 400 tons a year will pertain to certain kinds of cheeses and butter. The quota … Read more
A minister at the Government of Serbia and the president of the Serbian part of the Intergovernmental Committee for Cooperation with Russia, Nenad Popovic, and the deputy prime minister of Russia and the president of the Russian part on the Intergovernmental Committee, Yury Borisov, held a bilateral meeting on the sidelines of the 25th St. … Read more
Illustration (Photo: wrangler/shutterstock.com) In 2021, the export of goods from Serbia to the USA has reached a value of EUR 435.9 million and increased 35.5% compared to 2020, whereas the imports amounted to EUR 408.7 million, with a growth of 4.7% compared to the year before, stated the prime minister of Serbia, Ana Brnabic, at … Read more
Belgrade has been declared the city with the greatest economic potential in the competition of the 100 largest cities in the so-called region of Emerging Europe, and the capital of Serbia received this recognition for the second year in a row. The region Emerging Europe includes 23 economies of Central, Eastern, Southeast Europe and the … Read more
Serbia is discussing gas supplies from Azerbaijan through Interconnector Greece-Bulgaria (IGB Project), Deputy Prime Minister of the Republic of Serbia and the Minister of Mining and Energy Zorana Mihajlovic said at the 27th Energy Forum in Baku, Trend reports. “We discussed with the Minister of Energy Parviz Shahbazov the possibility of supplying Azerbaijani gas through … Read more
The Council of Ministers of Economy and Finance of the European Union approved the temporary abolition of duties on imports of goods from Ukraine to the EU, said the Executive Vice President of the European Commission Valdis Dombrovskis. EU ministers have agreed on temporary trade measures for Ukraine, he tweeted. Source Link
After yesterday’s meeting with the President of the European Council, Charles Michel, the President of Serbia, Aleksandar Vučić, noted that trade between Serbia and the European Union increased by 33 percent in the first four months of this year. The projection is that the value of this trade will exceed 50 billion euros in the … Read more
The Serbian economy is projected to expand by 3.4 percent this year and by 3.8 percent in 2023, compaed to the strong rebound of 7.4 percent in 2021, the European Commission said on Monday in its Spring 2022 Economic Forecast. “Growth is expected to be mainly driven by private consumption and investment, but dampened by … Read more