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Geopolitical Tensions and Expansion Challenges of Business Collaboration between Russia and Serbia

Author

Listed:
  • Polina Vitalievna LAZAREVA

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Milica POPOVIC

    (Peoples’ Friendship University of Russia, Moscow, Russia)

Abstract

The article considers trade and economic cooperation between Russia and Serbia. The relevance of the study is explained by the need to revise the existing model of cooperation between the countries taking into account geopolitical tensions. The article defines the role of Serbia as a key partner of Russia in South-Eastern Europe – a ”conductor” to the EU market. The main challenges faced by Russian and Serbian businesses in the markets of the two countries under foreign policy uncertainty are outlined. The current state of trade and economic cooperation between Russia and Serbia is overviewed. With the tightening of anti-Russian sanctions promising areas of cooperation between the countries are suggested.

Suggested Citation

  • Polina Vitalievna LAZAREVA & Milica POPOVIC, 2023. "Geopolitical Tensions and Expansion Challenges of Business Collaboration between Russia and Serbia," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 7, pages 127-132, July.
    • Handle: RePEc:alq:rufejo:rfej_2023_07_127-132
    DOI: 10.24412/2072-8042-2023-7-127-132
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