#63 Serbia Agriculture Bulletin, BFC

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BFC. Agriculture Finance Bulletin.

9)

Spanish agricultural technology on display for Serbian producers

December 14th, 2020, https://www.ekapija.com/en/news/3104295/spanish

The Economic Department of the Embassy of Spain in Belgrade and the Spanish Institute for Foreign Trade are presenting the most advanced Spanish agricultural technology to Serbian producers at the Expo Online Agriculture event. In particular, six Spanish companies will offer their services and be available for online meetings: Semillas Fito (a seed company), TradeCorp (offering plant feeding and plant protection products), RKD (offering pivot irrigation systems, Criado y Lopez (offering agritextile and crop protection nets) and Novagric and Inverca (both offering solutions for growing in a protected space). Spain is one of the leading agricultural producers in Europe and the world, despite much of its agricultural production being concentrated in parts of the country that have climates and soil qualities not typically favorable for agriculture.

Private Sector 10) Sunoko opens agricultural research and development center December 22nd, 2020, http://www.tanjug.rs/full-view_en.aspx?izb=616146

The agricultural company Sunoko, a member of the MK Group, has opened an agricultural research and development center, the first of its kind in Serbia. The center will make use of cutting-edge technology to enable more efficient sugar beet production. It will also keep up with the latest scientific research and advances as well as ensure that production techniques are in line with the guidelines of the best agricultural practices.

11) Duty-free fruit and vegetable exports to the EU to continue December 21st, 2020, http://www.tanjug.rs/full-view_en.aspx?izb=615957

Fruit and vegetable producers and exporters from Serbia and other Western Balkan economies will be able to continue duty-free exports of their goods to the European Union (EU) for five more years following a recent EU decision. The decision, renewed every five years at the European Commission’s recommendation, has been adopted by the European Parliament and approved by the Council of the EU. This measure will help Serbia fruit and vegetable producers and exporters further develop by giving them a stronger position in EU markets than they otherwise would have had.

12) State agricultural budget set for 2021 December 21st, 2020, http://www.agronews.rs/poljoprivredna-kasa-teska-528-milijardi-dinara/

The Assembly of Serbia recently passed the Law on the Budget for 2021, which has allocated RSD 41,865,313,000 for agricultural subsidies in the coming year. This is only slightly more than the RSD 41,008,753,000 made available under the 2020 state budget. While the budget has been set, special acts (expected to come in the first months of the new year) will determine for what purposes subsidies in 2021 can be used. In addition, the 2021 budget allocates RSD 52,824,876,000 to the Ministry of Agriculture, including RSD 38,351,789,000 for the Administration for Agrarian Payments and RSD 572,264,000 for the Administration for Agricultural Land.

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