Čadež: Serbia and Georgia Together on the Chinese Market

The upcoming negotiations on a Free Trade Agreement between Serbia and Georgia represent a major opportunity to enhance economic cooperation and jointly enter the Chinese market, said Marko Čadež, President of the Chamber of Commerce and Industry of Serbia, who is in New York as part of Serbia’s delegation to the 80th session of the United Nations General Assembly.

At a meeting with Serbian Foreign Minister Marko Đurić and Georgian Foreign Minister Maka Bochorishvili, Čadež emphasized the need to inject additional momentum into the process so that the free trade negotiations can be concluded as soon as possible to the benefit of both sides.

He recalled that, in addition to its agreement with the European Union, Serbia also has a Free Trade Agreement with China, which provides a significant comparative advantage over other countries and an important basis for further developing economic cooperation.

“This gives us the chance, since we are individually small, to work together to expand our capacities and establish joint production facilities, so that we can export to large markets such as China,” Čadež stressed.

He added that there is particular potential for strengthening cooperation between Serbia and Georgia in agriculture, including seed production and other crops, as well as in the dietary supplements industry and pet food production. He noted that a coordinated approach could ensure far greater success and penetration into the Chinese market than individual efforts.

The meeting with the Georgian Foreign Minister is one in a series of encounters that the President of the Chamber of Commerce and Industry of Serbia will have in New York. These discussions aim to highlight the significant growth achieved by the Serbian economy in recent years and to present the favorable investment climate, as confirmed by the high level of foreign direct investment in the past period.

PHOTO/VIDEO: Zoran Mirković