Vucic: FDI cure for our economy, Russian investments welcome, too

BELGRADE - Serbian President Aleksandar Vucic said on Friday FDI were very significant for the Serbian economy and that any interested investors from Russia were welcome, too.

Vucic said this at a special parliament session on Kosovo-Metohija, in response to criticism from Dveri MP Ivan Kostic over Serbia's cooperation with Russia.

Vucic said 2022 had seen an increase of Chinese and Japanese investments in Serbia and that European investments had been slightly lower but remained dominant, with Russian investments accounting for 2.5 pct of the total.

He noted that bilateral trade with Germany totalled 8.3 bln euros last year and would exceed 9 bln euros this year, possibly reaching 10 bln euros.

"It is about the factories that are operating here. That is the cure for the Serbian economy, that is where our higher wages and pensions come from," Vucic said....