Serbia, China sign FTA in presence of Vucic, Xi

BEIJING - In the presence of Presidents Aleksandar Vucic and Xi Jinping, Serbia and China signed four agreements in Beijing on Tuesday, the most important one being a FTA that will include 10,412 Serbian products and 8,930 Chinese products.

The FTA was signed by Serbian Minister of Internal and External Trade Tomislav Momirovic and Chinese Minister of Commerce Wang Wentao.

The two sides also signed a memorandum on exchange and cooperation in economic development policy, a memorandum on joint advancement of industrial and investment cooperation and a medium-term intergovernmental action plan on building the Belt and Road Initiative.

The memorandum on exchange and cooperation in economic development policy was signed by Serbian Finance Minister Sinisa Mali and Chairman of China's National Development and Reform Commission Zheng Shanjie.

A meeting of the two presidents and the signing of the agreements was also attended by Serbian FM Ivica Dacic, Defence Minister Milos Vucevic, Culture Minister Maja Gojkovic, Minister of Construction, Transport and Infrastructure Goran Vesic, Interior Minister Bratislav Gasic and Serbian Ambassador to Beijing Maja Stefanovic.