President of Serbia, stated that Serbia’s GDP accounts for 50% of the total GDP of the Western Balkans, and its exports represent 55% of the region’s total exports. “There are areas, like fisheries and wine legislation, that we have not addressed for reasons unknown to me. We need to improve our education system to be competitive in the market. Our country is changing; we are better than others in the region, but we still lag behind the average. We must integrate more green initiatives into our agenda and pass new laws on statistics and transactions. Overall, our economic situation is quite good,” Vučić said during a media address following a meeting with Giuffrè.
He emphasized that Serbia currently attracts 64% of total foreign direct investment (FDI) in the Western Balkans, which reflects its economic strength.
Vučić also noted the importance of a unified payment system, particularly for those sending remittances from abroad, as it would allow them to send money to Serbia completely free of charge, eliminating the need for lengthy transfers and border “smuggling.”
“This is crucial for our businesses, as it will enable them to make payments more efficiently, further enhancing our business climate. Additionally, establishing green corridors for our trucks and goods is vital for reducing operational costs for our companies. We are already collaborating with Hungary on this, but we need Croatia and the entire European Union to make it happen, as well as everything we’ve discussed,” he stressed.
