Business News

Slovenia and Serbia Sign Memorandum to Promote Exports

Belgrade, 22 November (STA) - The Slovenian Agency for Entrepreneurship and Foreign Investments (JAPTI) and the Serbian Investment and Export Promotion Agency have signed a memorandum on cooperation to promote Slovenian-Serbian trade and joint activities in foreign markets.

The memorandum was signed in Belgrade on Friday as part of a JAPTI-sponsored business conference which focused on new ways of cooperation between Slovenian and Serbian companies, JAPTI said on Monday.

JAPTI head Igor Plestenjak said that both agencies wish to take every opportunity to promote business cooperation, which in turn leads to greater exports.

"We believe that we can persuade Serbian companies that Slovenia is interesting for investment, especially in the field of development projects, which in Slovenia enjoy the support of EU cohesion policy," Plestenjak told the conference.

The Slovenian and Serbian automotive industries have a lot of unfulfiled common potential in the EU and other markets, JAPTI added in a press release.

"Creating joint brands to jointly enter foreign markets - especially those of Russia and Asia - presents an opportunity for both economies and thus a promotion for economic ties in SE Europe," Plestenjak added.

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