May 20. 2024. 9:56

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EU candidate Serbia and China chart ‘shared future’


China and Serbia on Wednesday (8 May) agreed to follow a “shared future” as President Xi Jinping visited the Balkan country as part of his bid to forge stronger relations with allies at the edge of the European Union.

Xi is on his first European tour in five years, and the trip was seen as an effort to strengthen ties with eastern European countries that are pro-Russia and large recipients of Chinese investment. He will fly to Hungary later in the day.

Xi Jinping waves to welcominh crowd in Serbia pic.twitter.com/FFsLSi54DX

— Carl Zha (@CarlZha) May 9, 2024

“We are writing history today,” Serbian President Aleksandar Vučić told a large crowd that had gathered in front of the Serbian presidential palace to welcome Xi, applauding and chanting “China, China”.

The two countries signed 29 agreements promoting legal, regulatory and economic cooperation. Serbia will also become the first European country in years to enter into a free trade agreement with China when a deal signed last year comes into effect on 1 July.

Vučić said that since 2020 China had been the single-largest investor in Serbia, and that its investment was up 30-fold over the past decade. The free trade deal will guarantee tariff-free exports for 95% of Serbian products to China over the next five to 10 years, he said.

Xi said that China was ready to import more high-quality agricultural products from Serbia and would welcome more direct flights between Belgrade and Chinese cities.

Both leaders boast of an ironclad partnership. Along with Hungary, Serbia is Europe’s firmest supporter of China’s huge Belt and Road infrastructure project across parts of Asia and Europe.

“Serbia became China’s first strategic partner in central and eastern Europe eight years ago, and it becomes the first European country with which we shall build a community with shared future,” Xi said.

The two leaders said they would support each other’s sovereignty and territorial integrity, meaning that Serbia considers Taiwan, viewed by Beijing as a breakaway province, to be part of China, just as China considers Kosovo, which declared independence in 2008, as part of Serbia.