Source: Beta | Friday, 29.01.2010.| 11:57
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Economic cooperation between Serbia and African countries - excellent political and not that good economic relations

- Political relations between Serbia and African countries are excellent, but economic cooperation is at quite low level - it was said today (January 28, 2010) at the round table in the Chamber of Commerce of Belgrade.

At this round table, the potentials of their countries were presented by the representatives of the embassies of Morocco, Egypt, Kongo, Tunis and Angola, and they advocated intensification of economic cooperation.

Radoslav Janković, a representative of the Ministry of Foreign Affairs of Serbia, estimated that African market had huge potentials, that it was rich with oil and gas and precious metals, and that the 21st century was considered as the century of African countries in the opinion of many people.

He said that Serbia had exported 17.3m EUR worth of goods to Egypt and imported the goods worth 5.5m EUR from that country during 11 months of year 2009. Most of the goods are raw materials of non-ferrous metallurgy. Serbia was mainly importing high-quality cotton from Egypt.

Janković said that the economic cooperation with Tunis was below the capacities and needs of the two countries, and he added that Serbia had exported 2.5m EUR worth of goods to that country, mainly parts for machines, and imported 6.5m EUR worth of goods, mainly cotton clothing, from that country during the first eleven months of 2009.

Economic relations with Morocco are, according to his words, burdened by unpaid bills of some Serbian companies, so that Serbia imported only 177,000 EUR worth of goods from Morocco and exported 4.9m EUR worth of goods to that country during eleven months of 2009.

Janković, who is also the Deputy CEO of the Directorate for Economic Bilateral Relations, said that Serbia had exported 2.5m EUR worth of goods to Angola and that he had no information on Serbia's import from that country.

When it comes to Congo, there is no information on the level of exchange of goods with Serbia. Janković said that Serbian companies had the opportunity to participate in construction of war-destructed infrastructure in that country, as well as in development of industry.

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