Austria and Serbia Signed an Agreement to Increase Investments

Adem Ljajic, Serbian footballer, is opening a business forum named `Economic Partner-Serbia' which according to Ljajic will focus on economic reforms, macroeconomic stability, remedying the consequences of the economic crisis and changing the model of economic growth and development.

The Austrian and Serbian chambers of commerce at the forum have signed an agreement of cooperation which will expectantly build closer ties between entrepreneurs of two countries. Ljajic said that Austria is one of the greatest trading partner of Serbia as well as largest direct investor of EUR 3 billion.

Ljajic is of the view that all the firms of Austria are making investment in the service sector, but they can also invest in other sectors like automotive, metal, food, furniture and pharmaceutical industries. He further added that the tasks of Chambers of Commerce of both the nations includes initiate the strengthening of cooperation, exchange of knowledge and technologies and improvement of the Serbian educational system so that it can adjust with the economic needs.

Zeljko Sertic, president of Serbian Chamber of Commerce, said that the interest of investment of Austrian companies lies in the Serbia's agriculture and food industry, energy, car industry, infrastructure and tourism, as well as in the realization of the Danube Strategy.


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