Overall trade between Serbia, Kosovo: USD 200mn

Overall recorded trade between Serbia and Kosovo in 2007 was USD 199.7mn, says a Chamber of Commerce official.

Izvor: Beta

Friday, 21.03.2008.

12:31

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Overall recorded trade between Serbia and Kosovo in 2007 was USD 199.7mn, says a Chamber of Commerce official. Director of the Chamber’s Bureau for Regional Cooperation Milivoje Miletic said that last year, Serbia delivered USD 189.7mn worth of goods to the province. Overall trade between Serbia, Kosovo: USD 200mn Wheat accounted for 3.66 percent of this figure, ceramic blocks 3.49, medicine 3.31, electrical energy 2.18, and food products 2.07 percent. In the other direction, Miletic continued, the most popular products coming from Kosovo were lead powder, fresh edible mushrooms, mixed spices and sauces, copper powder and steel alloys. The PKS official added that Serbia had invested almost USD 18bn in Kosovo between 1960 and 1990, and USD 5.5bn alone in thermo-power stations and the electricity network. He stressed that assets belonging to Serbian companies which were in the process of being privatized totaled over USD 1.5bn, and that because of their sale at an artificially low price on the basis of an illegal privatization, only EUR 280mn had been paid. According to Miletic, around 300 Serbian companies had thus far been privatized at an average price of EUR 1mn, and 90 percent of the buyers had been Albanians.

Overall trade between Serbia, Kosovo: USD 200mn

Wheat accounted for 3.66 percent of this figure, ceramic blocks 3.49, medicine 3.31, electrical energy 2.18, and food products 2.07 percent.

In the other direction, Miletić continued, the most popular products coming from Kosovo were lead powder, fresh edible mushrooms, mixed spices and sauces, copper powder and steel alloys.

The PKS official added that Serbia had invested almost USD 18bn in Kosovo between 1960 and 1990, and USD 5.5bn alone in thermo-power stations and the electricity network.

He stressed that assets belonging to Serbian companies which were in the process of being privatized totaled over USD 1.5bn, and that because of their sale at an artificially low price on the basis of an illegal privatization, only EUR 280mn had been paid.

According to Miletić, around 300 Serbian companies had thus far been privatized at an average price of EUR 1mn, and 90 percent of the buyers had been Albanians.

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