Trade plans: Serbia and Ukraine plan free trade agreement by the end of the year
Serbia and Ukraine aim to conclude a free trade agreement. In addition, joint projects are planned in energy, infrastructure and food security.
Belgrad and Kiev: Serbia and Ukraine aim to sign a free trade agreement by the end of the year to bolster their economic ties. Serbian President Aleksandar Vucic and Ukrainian President Volodymyr Selenskyj agreed to this goal during Selenskyj's first visit to Belgrade since taking office in 2019. Vucic pledged support for Ukraine's independence and territorial integrity, but avoided promising sanctions against Russia, their longtime ally.
Selenskyj discussed joint infrastructure projects and cooperation on energy and food security for the upcoming winter. "We are exploring all formats of cooperation that can provide our people with greater resilience," Selenskyj said. The free trade deal is crucial for Serbia, as it is a prerequisite for joining the World Trade Organization and the European Union.
Ukraine has been blocking such an agreement since 2005 due to disagreements over agricultural sector quotas and tariffs. While Vucic expressed skepticism about a quick EU accession for both countries, he assured Ukraine of Belgrade's support in their application process.
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