USA 2022

Page 34

USA 2022

Bilateral Trade Exchange

Investments Yet To Convert Into Significant Bilateral Trade Although trade cooperation between the U.S. and Serbia remains below the level of a billion dollars, the two countries are increasingly finding new opportunities to cooperate. And a strategic partnership agreement would make the implementation of joint projects easier, especially in the energy sector

E

conomic cooperation between Serbia and the United States during the recent past has been marked largely by the investments of American companies in Serbia. The top American investments in Serbia are those of Philip Morris, Pepsi Co,

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Coca-Cola, Ball Corporation, Cooper Tire & Rubber Company and Microsoft. Among the most prominent are also Cooper Tires, Johnsons Controls, Sharps Terminator, NCR, Sitel, VelaTel Global Communications, Oracle, and EMS. According to data of the National

Bank of Serbia, Serbia’s central bank, net investments of U.S. residents in Serbia over the previous ten-year period (2010 to 2019) exceeded half a billion euros, ranking the United States 15th among investor countries in Serbia. Additional investments worth 79.1 million euros


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