ECONOMIC RELATIONS BETWEEN THE REPUBLIC OF SERBIA AND THE REPUBLIC OF ITALY

Božić Miljković Ivana (Univerzitet Singidunum, Beograd), ibozicmiljkovic@gmail.com

The paper analyzes the economic relations of the Republic of Serbia with the Republic of Italy in new geostrategic and geoeconomic relations. Since the beginning of the 21st century, these two countries have reached stable and growing cooperation in the field of foreign trade. In the last two years, Italy is a very important foreign trade partner of Serbia and also belongs to the group of a small number of countries with which Serbia has a surplus in foreign trade. Italy is also one of the leading countries by the volume and value of foreign direct investments invested in the development of the Serbian economy since the beginning of the transition process to date. The current volume and intensity of economic cooperation between Serbia and Italy have roots in the history of their economic relations. The current political and economic relations of Serbia with the European Union will determine the direction of future development and cooperation.

Keywords: economic cooperation, foreign trade, investments, Serbia, Italy, European Union