Geopolitical Tensions and Expansion Challenges of Business Collaboration between Russia and Serbia

Authors

  • Polina Vitalievna Lazareva Russian Foreign Trade Academy
  • Milica Popovic Peoples’ Friendship University of Russia

DOI:

https://doi.org/10.24412/2072-8042-2023-7-127-132

Keywords:

sanctions, Serbia, Russia, foreign trade, economy, export, import, turnover, EU, EAEU

Abstract

The relevance of the study of trade and economic relations between the Russian Federation and the Republic of Serbia is dictated by the need to review the existing model of cooperation between the countries, taking into account geopolitical tensions. The article defines the role of Serbia as a key partner of Russia in the Southeastern Europe region, which is also a conduit to the EU market. The main problems faced by Russian and Serbian businesses in the markets of the two countries in the context of foreign policy changes are presented. The current situation of contractual relations between Russia and Serbia in the field of trade and economic cooperation is reflected. Possible directions of interaction are demonstrated, taking into account the strengthening of sanctions restrictions.

Author Biographies

Polina Vitalievna Lazareva, Russian Foreign Trade Academy

Work place, position: Russian Foreign Trade Academy, Department of World and National Economy, Postgraduate student

Milica Popovic, Peoples’ Friendship University of Russia

Work place, position: Peoples’ Friendship University of Russia, Law Institute, Department of International Law, 2nd year postgraduate student

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Published

2024-01-25

How to Cite

Lazareva, P. V., & Popovic, M. (2024). Geopolitical Tensions and Expansion Challenges of Business Collaboration between Russia and Serbia. Russian Foreign Economic Journal, (7), 127–132. https://doi.org/10.24412/2072-8042-2023-7-127-132

Issue

No. 7 (2023)

Section

Research reviews