BELGRADE, MARCH 30 - Serbia and Greece Friday signed a memorandum on cooperation in agriculture, which should contribute to increasing the trade in agricultural and food products between the two countries that has amounted to only USD 150 million per year so far.
The memorandum was signed in Belgrade by Serbian Minister of Agriculture and Trade Dusan Petrovic and Greek Minister for Rural Development and Food Kostas Skandalidis.
There is great scope for increasing the trade in agricultural products between Serbia and Greece, especially for increasing the exports of confectionery and dairy products from Serbia to Greece, Petrovic told a press conference.
Pointing out that the total trade between the two countries reached USD 510 million in 2011, Petrovic noted that Serbia had achieved a surplus in the agri-food products trade, since exports from Serbia amounted to USD 93 million while imports from Greece totaled around USD 56 million.
Skandalidis reiterated that the level of trade between Serbia and Greece was almost insignificant compared to the opportunities that were present and expressed his expectation that the signing of the memorandum would open a new chapter in the economic cooperation between the two countries.