New Trade Agreement between Serbia and China

New Trade Agreement between Serbia and China

Today in Beijing, four agreements were signed between Serbia and China. The most significant among them is the Free Trade Agreement, which encompasses an extensive list of goods, including 10,412 products from Serbia and 8,930 products from China.

In addition to the aforementioned agreement, the following documents were signed: a Memorandum on Exchange and Cooperation in the field of Economic Development Policy, a Memorandum on Joint Improvement of Industrial and Investment Cooperation, and a medium-term action plan for the “Belt and Road” initiative.

These agreements reflect the aspiration of both countries to strengthen their trade ties and deepen cooperation in various sectors. Undoubtedly, this contributes to fortifying friendly relations between Serbia and China. It is expected to further enhance economic relations and collaboration between the two nations in the coming years.