Close economic and trade contacts of the two countries were established in 2009. Then Belarus and Serbia signed a free trade agreement. For the last years the trade turnover grew almost five times. In 2015, it was more than $250 million. And the volume of mutual trade declined in 2016.
The situation must be corrected, said Alexander Lukashenko. “We need to unite and work together to survive and develop in such difficult conditions," was his message.
Alexander Lukashenko, the President of the Republic of Belarus:
We need to build our relationships and support them, though recently the turnover has decreased slightly, but it is the foundation of any relationship. Mr. Prime Minister, I think after your visit to Belarus we will find those weak points that need to be eliminated and the ways that will lead us to recovery, at least the recovery of our trade. And it was very high. Still, we had a $250 million turnover. It is very good for our republics. And the fact that now we have a drop shows that we must take every effort to ensure the level that we had. I stress again that we are ready, we are ready to do all that we can do for you. There are no prohibited themes for the cooperation; even in the most difficult times we have always supported each other and will do it further. Therefore, you can count on Belarus. And you should know that we will always do for Serbia all that we can.
Aleksandar Vučić, the chairman of the Government of the Republic of Serbia:
Of course, we have to do everything to increase our cooperation on political and economic issues. Our relationship has always been very good, but we need, as you already said, to increase the turnover. Belarus is a friendly country both for the Republic of Serbia and the Serbian people.
Serbia is the Belarus' key partner in the Balkans. The main Belarusian export products are tractors, buses, refrigerators, washing machines, wood. The countries also have common investment projects.