Serbian-Emirati relations are foreign relations between

Serbia Serbia (, ; Serbian: , , ), officially the Republic of Serbia (Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hungar ...

and the

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at t ...

(UAE). SFR Yugoslavia established diplomatic relations with the United Arab Emirates in 1971. Serbia also has a commercial section in

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

. The UAE are represented in Serbia by their embassy in Belgrade.

Emirati investments

Air Serbia Air Serbia (stylised as ''AirSERBIA''; sr, / ) is the flag carrier of Serbia. The company's headquarters is located in Belgrade, Serbia, and its main hub is Belgrade Nikola Tesla Airport. The airline was known as Jat Airways until it was ...

, national

flag carrier A flag carrier is a transport company, such as an airline or shipping company, that, being locally registered in a given sovereign state, enjoys preferential rights or privileges accorded by the government for international operations. Hi ...

and largest

airline An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in wh ...

: On August 1, 2013, Jat Airways and Etihad Airways entered strategic partnership, and under the agreement, Etihad acquired a 49% stake and management rights for a period of five years, while the Serbian government retain the remaining 51% and hold five of nine monitoring committee seats in the company. Jat Airways was reorganized and renamed to

in October 2013 and launched its first inaugural flight under its new name on October 26, 2013, from Belgrade to Abu Dhabi. *The

Belgrade Waterfront Belgrade Waterfront, known in Serbian as Belgrade on Water ( sr, / ), is an urban renewal development project headed by the Government of Serbia aimed at improving Belgrade's cityscape and economy by revitalizing the Sava amphitheater, a neglec ...

project includes a 180 m tall skyscraper (the "Belgrade tower") and a big shopping mall to be built along the right side of the

Sava The Sava (; , ; sr-cyr, Сава, hu, Száva) is a river in Central and Southeast Europe, a right-bank and the longest tributary of the Danube. It flows through Slovenia, Croatia and along its border with Bosnia and Herzegovina, and finally t ...

river. 2,5 to 2,8 billion € are to be invested by the Serbian government and their Emirati partners. *In March 2014, Serbian financial minister Lazar Krstić announced that the Abu Dhabi Investment Authority has signed a low-interest loan agreement with Serbia worth 1 billion $. In 2013, the UAE have already granted a credit of 400 million $ to Serbia, which had difficulties to allocate European credits for its struggling financial situation. Substantial investments in Serbia's defense-related and semi-conductor industries set stage for large-scale international cooperations between the two countries.Abu Dhabi, Serbia sign $1 billion loan agreement
CPI Financial News. Retrieved 10 March 2014.

References

External links

{{DEFAULTSORT:Serbia-United Arab Emirates relations

Bilateral relations of the United Arab Emirates

Emirati investments

See also

References

External links