Vucic: Serbia, China continue to bolster economic ties

BELGRADE - Serbian President Aleksandar Vucic said Friday's meeting with China Council for the Promotion of International Trade (CCPIT) President Ren Hongbin and a delegation of the organisation had been an opportunity to confirm a strategic partnership with China and discuss further steps in carrying out crucial projects.

In a post on his buducnostsrbijeav Instagram account, Vucic wrote that Serbia and China continued to bolster their economic ties, opening the door to even stronger cooperation in commerce, investments and new technologies.

"Thanks to our exceptional economic relations, China has become one of Serbia's most important trading and investment partners, which is a result of commitment by both sides and joint work on advancement of economic and overall cooperation," Vucic noted.

He added that one of Serbia's priorities was swift and efficient implementation of a FTA with China, which he said would further facilitate sales of Serbian products in the Chinese market.

At the same time, more and more Chinese companies identify Serbia as an ideal place to invest and start production operations in, using the advantages of our favourable business environment, Vucic said.

"During the discussion, I noted that Serbia is also preparing to have a major presence at large international events in China, such as the Supply Chain Expo in Beijing, where we will showcase our companies and their top-quality products. Also, we are proudly working on hosting EXPO 2027, where China will be one of the key participants," Vucic said.

He added that he believed that "even greater successes await Serbia in the future as part of our steely friendship and economic partnership, which we continue to develop in mutual interest together with our dear friend, President Xi Jinping."