Nasser Social Bank launches 'Fatehit Kheir' for micro-enterprise finance    MSMEDA equips project owners for export through free training programme    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Mahmoud Mohieldin to address sustainable finance at UN Global Compact Forum    Egypt's FM, US counterpart discuss humanitarian crisis in Gaza amidst Israeli military operations    Renewed clashes in Sudan's Darfur: 27 civilians killed, hundreds displaced    Intel eyes $11b investment for new Irish chip plant    Malaysia to launch 1st local carbon credit auction in July    Amazon to invest €1.2b in France    Egypt's CBE offers EGP 3.5b in fixed coupon t-bonds    UAE's Emirates airline profit hits $4.7b in '23    Bank of Japan cuts JGBs purchases, hints at tighter policy    Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques    Shell Egypt hosts discovery session for university students to fuel participation in Shell Eco-marathon 2025    WHO warns of foodborne disease risk in Kenya amidst flooding    Hurghada ranks third in TripAdvisor's Nature Destinations – World    Elevated blood sugar levels at gestational diabetes onset may pose risks to mothers, infants    President Al-Sisi hosts leader of Indian Bohra community    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



A new old relationship
Published in Al-Ahram Weekly on 11 - 11 - 2010

Yassin Gaber and Eric Walberg report on the recent visit of the new Serbia prime minister
Egypt and Yugoslavia were once the best of friends, but this friendship suffered with the collapse of the Yugoslav federation. Serbia was left as the heir to the federation and suffered civil war and isolation during the past decade. As a sign that a new leaf has been turned, the head of the Serbian government made his first official visit to Egypt last week.
On 8 November, Serbian Prime Minister Mirko Cvetkovic met with President Hosni Mubarak, Prime Minister Ahmed Nazif and parliamentary speaker Fathi Sorour to discuss bilateral agreements for cooperation in science, technology, telecommunications and cultural spheres and military industry. There are also good prospects for Serbia and Egypt to increase trade and cooperation in agriculture, the food industry, the cable industry and construction.
During the official visit to Egypt, Serbian Minister of Trade and Services Slobodan Milosavljevic and Egyptian Minister of Trade and Industry Rachid Mohamed Rachid signed a memorandum of understanding on establishing the Serbian-Egyptian Business Council. The Serbian Chamber of Commerce signed an agreement on cooperation with the Federation of Egyptian Industries, and JUBMES Banka signed a cooperation agreement with the Egyptian Bank for Export Development.
A mining economist by training, and former official at the World Bank, Cvetkovic served as deputy minister of economy and privatisation and minister of finance after the ouster of prime minister Slobodan Milosevic in 2000. In 2008 President Boris Tadic named him prime minister.
At a public forum at Al-Ahram conducted by Chairman of the Board Abdel-Moneim Said and open to staff reporters, Said fondly recalled Egypt's "happy memories" of socialist Yugoslavia under its president Josip Broz Tito in the 1950-70s, marked by close ties to Egypt. The last memory, Said recalled, was of the "horrors of the 1990s" when Yugoslavia disintegrated and "disappeared from the Egyptian screen".
Cvetkovic recounted the turbulent past of Serbia, the "nonviolent democratic changes" in 2000 when prime minister Slobodan Milosevic was ousted and a "new life for Serbia" began. Cvetkovic highlighted the EU accession talks, indicating that Serbia's application has been accepted and that he will submit the Stabilisation and Association Agreement with the European Union to the parliament 24 November for ratification, to be executed in 2011.
The biggest issue at present is Kosovo's unilateral declaration of independence. The Serbian government's position on Kosovo remains that it will not accept Kosovo's unilaterally declared independence, but the premier made clear to the Al-Ahram audience that he would be against "the notion of a frozen conflict". Tension between the populations is high and "calm talks" are needed. Despite the standoff, Kosovo imports $1.5 billion of Serbian goods.
Cvetkovic and Said underlined that the visit is to help revive mutual ties and awareness between the countries. Serbia has been called the Balkan tiger in recent years with an annual growth rate of six per cent.
When asked to comment on Sudan and the relevance of the experience of Serbia with the separation of Kosovo and Montenegro, Cvetkovic looked at this thorny issue from an economic point of view. "If this unity is based on common economic interest, you can become brothers. The former Yugoslavia was not built on such interests and this gave ground to nationalists." He pointed to the EU as a good example of integration and underlined their common economic partnership. He was disparaging of nostalgia for the socialist period as the good old days.
Reforms are producing redundant labour in Serbia and the biggest problem economically is rising unemployment. Cvetkovic nonetheless said that Serbia has a higher productivity than some of its EU neighbours and touted its prospects. A major goal of the government is to strengthen the economy and social responsibility, battle crime and corruption, and comply with international justice.
Serbia maintains good relations with China and Russia. One of the most important policies the prime minister will deal with now is the ratification of the energy arrangement with the Russian Federation.


Clic here to read the story from its source.