Russia to deepen infrastructure, energy cooperation with Serbia

BELGRADE (Xinhua) – Russia will continue to develop joint energy and infrastructure projects with Serbia, visiting Russian Prime Minister Dmitry Medvedev told reporters last Saturday, stressing the importance of further deepening bilateral economic ties.

“We are witnessing great and serious documents signed today in the field of railway, technology, science, construction of medical research institutes and all of this leads us into the future,” Medvedev said after a meeting with Serbian President Aleksandar Vucic, pointing out that the agreements display mutual trust between Serbia and Russia.

Medvedev assured his hosts that the gas pipeline known as the TurkStream, which is projected to supply natural gas across the Black Sea, Bulgaria and Serbia, to Hungary and further north, will be fully realised and help boost employment and budget revenue.

Vucic emphasised the growing trade between Serbia and Russia. In the first eight months of this year, bilateral trade amounted to around EUR2.2 billion, up almost eight per cent year-on-year, Vucic said.