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. ๐คโก๏ธ 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 โ that's TikTok-level growth! ๐ 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 ๐๐จ, moving 7M+ passengers since 2022. Meanwhile, the revived Smederevo steel plant symbolizes industrial transformation โ 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.' ๐โจ With new investments flowing, this duo's just warming up!
Reference(s):
cgtn.com