Belgrade, September 7 (FinanceFlashNews) – Serbia and Russia are set to begin negotiations soon to extend their natural gas supply agreement, which is due to expire in 2025, according to Serbian Deputy Prime Minister Aleksandar Vulin. The announcement followed discussions between Vulin and Russian President Vladimir Putin at the Eastern Economic Forum (EEF) in Vladivostok, as reported by TASS.
Putin emphasized the urgency of resolving the expiring gas deal. Vulin highlighted the importance of trade relations with Russia for Serbia, stating that the final decision on the extension will be political, not just economic, and will be made by the presidents of both countries.
Serbian Minister Nenad Popović, co-chair of the Russia-Serbia Intergovernmental Committee on trade and economic cooperation, is scheduled to meet with his Russian counterpart to explore ways to improve the agreement. The Russian side is chaired by Maxim Reshetnikov, the Minister of Economic Development.
Keywords: Serbia, Russia, natural gas supply, gas contract, Vladimir Putin, Aleksandar Vulin, Eastern Economic Forum, Maxim Reshetnikov