Senior trade official visits Serbia to celebrate 140 years of trade and investment, announces increased US-Serbia trade engagement
US Department of Commerce (DAS) Assistant Secretary for Europe and Eurasia, David De Falco, leads a “virtual tour” to Serbia from May 25 to 27, 2021, to celebrate 140 years of diplomatic relations and promote trade and investment between the United States and Serbia.
During its visit, DAS De Falco held bilateral meetings with Prime Minister Ana Brnabic, as well as ministerial heads and senior officials from the Ministry of Mines and Energy, the Ministry of Trade, Tourism and Telecommunications, the Ministry of Health, the Ministry of the Economy and the Ministry. construction, transport and infrastructure. He also engaged directly with the private sector and met, among others, the President of the Serbian Chamber of Commerce and Industry (CCIS), Marko Čadež.
Throughout its meetings, DAS De Falco underlined the United States’ commitment to increase bilateral trade and investment with Serbia. DAS De Falco and Prime Minister Brnabic discussed common goals to expand economic ties, strengthen regional economic integration in the Western Balkans and develop new business opportunities for US and Serbian companies. DAS De Falco said: “As we celebrate this historic 140th anniversary of US-Serbian relations, we reaffirm our goals for the future: to create growth and prosperity in the Western Balkans through trade and investment.”
DAS De Falco also reported that the US Department of Commerce is on track to more than double its official commitments with Serbia this year and is working to implement a series of joint trade programs in partnership with the President of the United States. CCIS Marko Čadež and Serbian Ambassador Marko Djuric to further celebrate the 140th anniversary.
In addition, the Serbian American Chamber of Commerce hosted DAS De Falco for a lively and interactive panel discussion with members of AmCham and representatives of US companies in the renewable energy, medical device and technology sectors. ‘information. DAS De Falco discussed the Department’s upcoming activities in Serbia and heard comments on the business climate and ways to increase collaboration.
DAS De Falco’s visit and increased Commerce engagement builds on recent milestones in US-Serbia relations, including the Serbia-Kosovo Economic Normalization Agreement and the Memorandum of Understanding between United States and Serbia on infrastructure.
International Trade Administration The US Department of Commerce’s International Trade Administration (ITA) is the primary resource for US businesses competing in the global marketplace. ITA has more than 2,200 employees who assist US exporters in more than 100 US cities and 75 markets around the world. For more information on ITA, visit www.trade.gov.