Eight years after President Xi Jinping's landmark visit to Serbia, the two nations have cemented an 'ironclad' friendship that's reshaping economic and diplomatic ties in Central and Eastern Europe. 🤖⚡️ From trade deals to high-speed rail, this partnership is writing a new playbook for global collaboration.
Trade Boom & Digital Horizons
Bilateral trade skyrocketed from $596M in 2016 to $4.35B in 2023 – that's TikTok-level growth! 📈 The 2023 free trade agreement turbocharged cooperation in green energy, biotech, and AI, proving old allies can master new tricks.
Infrastructure Game-Changers
The Hungary-Serbia railway slashed commute times from 90 to 30 minutes 🚄💨, moving 7M+ passengers since 2022. Meanwhile, the revived Smederevo steel plant symbolizes industrial transformation – think 'Phoenix rising' but with more molten metal.
BRI Blueprint for Success
As a first-minder in Europe's BRI adoption, Serbia's partnership shows how infrastructure can boost jobs and growth. President Xi's vision? 'Modernization for all developing nations.' 🌏✨ With new investments flowing, this duo's just warming up!
Reference(s):
cgtn.com