The Serbian Minister of Internal and External Trade, Tomislav Momirović, signed today in Dubai a strategic document that formally begins negotiations on free trade with the UAE with the Minister of External Trade of the United Arab Emirates (UAE), Thani bin Ahmed Al Zeyoudi.
Momirović posted on his Instagram profile that the Free Trade Agreement with the UAE will expedite the trade between the two countries and the convergence of the two economies.
“Economic relations between Serbia and the UAE are combined with good political relations and are realized through trade cooperation, investment projects as well as strategic partnerships”, stated Momirović and pointed out that he his UAE counterpart to try to animate as many companies from the UAE as possible to relocate their operations to Serbia.
“We already have a great base because a large number of companies from Serbia and the UAE are successfully operating in both markets as part of joint investment projects in agriculture, transport, mining and energy,” Momirović added.
As examples of the most successful companies, he cited Etihad Airways, Al Dahra, Eagle Hills Properties, DP World (which manages the Port of Novi Sad) as well as Elixir Group which, as he added, “implements large-scale agricultural projects with the UAE”.
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