Russia and Serbia Set Goal to Reach $4.3 Billion Trade Volume
Serbian minister announces target to restore bilateral trade to 2022 levels despite sanctions challenges
Quick Look
- Russia and Serbia aim to restore bilateral trade to $4.3 billion (2022 level) in coming years, Serbian Minister Nenad Popovic said after the 21st intergovernmental committee meeting in Belgrade.
- Trade fell to $2.3 billion in 2024 but showed slight increase to $420 million in first two months of 2025.
- Both countries signed an economic cooperation program through 2031 covering energy, transport, agriculture, space, and low-carbon development.
AI-generated summary
Russia and Serbia aim to restore bilateral trade to $4.3 billion (2022 level) in coming years, Serbian Minister Nenad Popovic said after the 21st intergovernmental committee meeting in Belgrade. Trade fell to $2.3 billion in 2024 but showed slight increase to $420 million in first two months of 2025. Both countries signed an economic cooperation program through 2031 covering energy, transport, agriculture, space, and low-carbon development.






