Current state of investment cooperation between Russia and Serbia

Abstract

The article covers the scope and dynamics of investment cooperation between Russia and Serbia. Recently this cooperation has reached a new level and continues to diversify and expand rapidly. First of all, it can be confirmed by the quantity of investment projects implemented by Russian companies in Serbian direction. Large projects are mainly realised in energy and infrastructure spheres. However, investment in other sectors is considered as prospective and tends to increase. Russian «Balkan breakthrough» is confirmed by Russian investors’ success and results in Serbia. As for the Serbian investment into Russian economy, it is obvious that they are still at a low level. Nevertheless, there are some examples of successful Serbian projects. Prospects for further development of bilateral cooperation directly depend on the conjunction of both parties’ efforts. It is essential to continue using potential opportunities in the most effective way in order to strengthen Russia’s position in Serbia and eventually throughout the Western Balkans.