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Serbian delegation signs several agreements in China

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Christian Fernsby |
Zorana Mihajlovic
Asia   Zorana Mihajlovic

A Serbian delegation headed by President Aleksandar Vucic signed several bilateral agreements on the first day of a visit to Beijing.

Deputy PM and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic signed a number of documents, including a general agreement on reconstruction and upgrades of rail sections on Corridor 10.

Reconstruction of the entire rail Corridor 10 in Serbia is important for establishing a railway link between central Europe and the Port of Piraeus.

Development and promotion of the land route of the Maritime Silk Road, which will run through Serbia, is a strategic objective of the cooperation with China.

Mihajlovic also signed an MoU with the Chinese Ministry of Trade on setting up a working group on investment cooperation as well as a memorandum with the Power Construction Corporation of China Ltd on cooperation on the Belgrade Metro project.

Sino-Serbian transport infrastructure projects are worth an approximate total of 7.5 bln euros.

Minister of Innovation and Technological Development Nenad Popovic signed three agreements with China's CRBC, creating conditions for the start of works on a Serbian-Chinese industry park in Borca, Belgrade.

Minister of Trade, Tourism and Telecommunications Rasim Ljajic signed an MoU with telecoms giant Huawei for the Smart Cities project.

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