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France’s Macron visits Serbia to spice up EU ties, talk about Rafale deal By Reuters

by Index Investing News
August 29, 2024
in Markets
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By Aleksandar Vasovic

BELGRADE (Reuters) – France’s President Emmanuel Macron travels to Belgrade on Thursday to bolster ties with Serbia and convey it nearer to the West, because the Balkan nation juggles its European Union membership bid and shut ties with Russia and China.

Throughout his two-day go to, Macron and his counterpart, Serbia’s populist Aleksandar Vucic, plan to debate points together with the acquisition of France’s Rafale fighters, made by Dassault, in addition to vitality and synthetic intelligence.

Will probably be Macron’s second assembly with Vucic this 12 months and follows the go to of Chinese language President Xi Jinping to Belgrade in Could, highlighting Serbia’s strategic place on the sting of the EU, with ties to the east and west.

In an op-ed piece in Serbia’s pro-government Politika day by day on Thursday, Macron wrote that Belgrade might preserve its unbiased posture “solely below the auspices of the EU.” 

“When warfare as soon as once more broke out on our continent, initiated by Russia, … the concept Serbia might search its personal means within the everlasting sport of balancing between powers … is simply an phantasm.”

The EU stays Serbia’s single largest investor and a whole lot of hundreds of Serbs work in Western-owned corporations. 

Late on Wednesday, Vucic stated there have been unresolved points with the acquisition of Rafale plane, estimated at round 3 billion euros ($3.34 billion). 

“It isn’t a query of the value, it’s a query of sure ensures … we’ve got been fighting this for 4 days,” he advised state RTS TV.

DEPENDENT ON RUSSIAN GAS

Aleksandar Zivotic, a historical past lecturer on the Belgrade College, described the plane sale as a “historic and political departure from Soviet-Russian affect.”

“Such a navy expertise will not be solely purchased with cash, however with international coverage place pledges,” he stated. 

Belgrade curtailed navy cooperation with Moscow after Russia invaded Ukraine and it has condemned the invasion, however not like the EU and different Western international locations, it has not imposed sanctions on Moscow. 

Serbia’s navy and air drive are loosely primarily based on Soviet expertise, but it surely has additionally bought helicopters and transport planes from Airbus, radars from Thales and France’s Mistral surface-to-air missiles.

Belgrade, which seeks to diversify its fuel provides, relies on Russian fuel and has the Kremlin’s help in its opposition to the 2008 independence of Kosovo. 

Vucic stated he and Macron would deal with cooperation within the fields of vitality and synthetic intelligence and that the 2 international locations would signal quite a few corresponding agreements.

Earlier than it joins the EU, Serbia must enhance democracy, the rule of regulation and judiciary, root out corruption, pink tape and organised crime, and align its international insurance policies with these of Brussels, together with the introduction of sanctions towards Russia.

 ($1 = 0.8988 euros)





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