Prime minister: Serbia open for Russian capital

FRANKFURT Prime Minister Ivica Dacic said on Thursday that the doors of Serbia's commerce are wide open for Russian capital and Russian banks. According to a Serbian government release, carried by Beta news agency, he made the statement while in Frankfurt, Germany. Prime minister: Serbia open for Russian capital "It is in Serbia's interest, if it wants to come out of the crisis and if it wants to develop economic relations with the Russian Federation, to have an agreement on strategic partnership, but we cannot realize this without the presence of Russian financial capital in our country," Dacic stated after a meeting with the chairman of the Managing Board of Russia's Sberbank, Herman Gref. He pointed out that the doors were wide open, not only in Serbia, but throughout the region, for Sberbank and for VTB Bank, which is also one of the biggest Russian banks. In Frankfurt, Prime Minister Dacic attended a panel discussion "New Economy in Europe: Between the Hammer and the Anvil," organized by Sberbank. During the panel, a memorandum of understanding was signed between the Serbian Ministry of the Economy and Finance and Sberbank Russia, with the aim of inciting mutual cooperation and investment. "Our goal is for Sberbank to increase its capital, which will primarily be invested in the development of commerce, or it would be ideal if it is used for financing import and export deals that we have with the Russian Federation," Dacic said, adding that Serbia and Russia could develop their economic relations only in this way. (Tanjug, file) Beta

Prime minister: Serbia open for Russian capital

"It is in Serbia's interest, if it wants to come out of the crisis and if it wants to develop economic relations with the Russian Federation, to have an agreement on strategic partnership, but we cannot realize this without the presence of Russian financial capital in our country," Dačić stated after a meeting with the chairman of the Managing Board of Russia's Sberbank, Herman Gref.

He pointed out that the doors were wide open, not only in Serbia, but throughout the region, for Sberbank and for VTB Bank, which is also one of the biggest Russian banks.

In Frankfurt, Prime Minister Dačić attended a panel discussion "New Economy in Europe: Between the Hammer and the Anvil," organized by Sberbank. During the panel, a memorandum of understanding was signed between the Serbian Ministry of the Economy and Finance and Sberbank Russia, with the aim of inciting mutual cooperation and investment.

"Our goal is for Sberbank to increase its capital, which will primarily be invested in the development of commerce, or it would be ideal if it is used for financing import and export deals that we have with the Russian Federation," Dačić said, adding that Serbia and Russia could develop their economic relations only in this way.