Serbian Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajić said that Azerbaijan and Serbia must develop the economic relations, in particular, trade turnover.
"The trade turnover between Serbia and Azerbaijan amounted to 16 million euros in 2014,” Ljajić said. “This is a token amount of money. We must continue our work to significantly increase it. We are also very interested in Azerbaijani investments. We invite all companies from Azerbaijan to join the process of privatization of our companies. Currently, more than 500 companies pass through a tender in Serbia. We hope that Azerbaijani companies are interested in investing in Serbia."
According to the Azerbaijani State Statistics Committee, the trade turnover between Azerbaijan and Serbia amounted to 3.22 million manat in January-August 2015, which is 7.3 percent more than in the same period of last year. Virtually the entire turnover accounted for the import of Serbian products to Azerbaijan.
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