Vucevic, EBRD president discuss priority projects, cooperation

BELGRADE - Serbian PM Milos Vucevic met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on Tuesday to discuss priority projects and cooperation.

Vucevic thanked the EBRD president for the support and cooperation to date and noted that the Serbian government was ready to continue to work on ongoing as well as new projects in the energy, renewables, environmental, infrastructure and IT sectors.

Vucevic noted that regional ties through prepared plans were aimed at improving connectivity, infrastructure, human resources, competitiveness and work on the green agenda and digital transition.

Vucevic underscored the significance further EBRD support for investments in the Serbian renewables sector had for further strengthening and even quicker growth of the national economy and attracting foreign investments, which he said would be a significant boost to sustainable development of cities and the citizens' quality of life.

The parties also discussed support for SMEs through additional funding and special advisory assistance.

Renaud-Basso said she was pleased to be visiting Serbia, where she noted the EBRD had achieved remarkable results.

She said Serbia was an important investment destination that had been the fifth-largest recipient of EBRD funds last year, and added that she hoped the good practice would be continued.