Economy

Serbia and China to sign FTA by end-2022

Serbia and China to sign FTA by end-2022

Chinese President Xi Jinping met and Serbian President Aleksandar Vučić are planning to sign a free trade agreement (FTA) between the two countries  by the end of 2022 at the latest.

Upon finalization of the trade deal with Beijing, the Serbian president believed that this would benefit not only Serbian goods and service exporters but would also make Serbia more attractive to investors from Western countries.

“For us, the issue of the Free Trade Agreement is very important and when we talk about it, it is not only a question of our agricultural producers, our winemakers and winegrowers, brandy producers and others so they can sell their large quantities in that demanding but largest market in the world which is China’s, it is also a question of bringing in new investments,” Vučić said.

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