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The Government of the Republic of Serbia

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Free Trade Agreement with People's Republic of China signed

Belgrade/Beijing, 17 October 2023

In the presence of President Aleksandar Vucic and President of the People's Republic of China Xi Jinping, four agreements were signed in Beijing today, the most important of which is the Free Trade Agreement between Serbia and the People's Republic of China, which will cover 10,412 Serbian products and 8,930 Chinese products.

The free trade agreement between the two countries was signed by Minister of Domestic and Foreign Trade Tomislav Momirovic and Minister of Commerce of the People's Republic of China Wang Wentao.

In addition to that agreement, the Memorandum on exchange and cooperation in the field of economic development policy, the Memorandum on the joint improvement of industrial and investment cooperation between Serbia and the Republic of China, as well as a medium-term action plan on the joint construction of the "Belt and Road" initiative between the Government of the People's Republic of China and the Government of the Republic of Serbia were signed.

The Memorandum on exchange and cooperation in the field of economic development policy was signed by Deputy Prime Minister and Minister of Finance Sinisa Mali and Chairman of the National Development and Reform Commission Zheng Shanjie.

The meeting of the two presidents and the signing of the agreement, in addition to Mali and Momirovic, were also attended by First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic, Deputy Prime Minister and Minister of Defence Milos Vucevic, Deputy Prime Minister and Minister of Culture Maja Gojkovic, Minister of Construction, Transport and Infrastructure Goran Vesic, Minister of the Interior Bratislav Gasic, as well as Serbian Ambassador to the People's Republic of China Maja Stefanovic.