The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia, and the Development Agency of Serbia have reached a cooperation agreement.
The parties will work together to identify attractive investment projects to strengthen bilateral economic ties and increase investment flows between Russia and Serbia. The corresponding agreement was signed in Belgrade last week in the presence of Russian President Vladimir Putin and President of the Republic of Serbia, Aleksandar Vucic.
“Russian businesses have a strong interest in investing in Serbia. We believe that RDIF’s interaction with Serbian partners can double the level of investment between our countries in the next five years. We are ready to realize the potential of strengthening investment cooperation between Russia and Serbia, including by attracting RDIF’s international partners to participate in joint projects between Russian and Serbian companies,” Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), noted.