EU and Serbia Ink Deal to Boost Raw Material Investments

EU Commission Vice President Maros Sefcovic announced a new agreement between the European Union and Serbia to enhance raw material supplies and production chains, especially lithium. This deal is expected to attract more European investments to Serbia, fostering deeper market integration.

EU Commission Vice President Maros Sefcovic announced on Friday that a new agreement on raw materials, including lithium supply and production chains, has been signed between the European Union and Serbia. The deal is aimed at attracting more firms to invest in Serbia.

Sefcovic stated, "We are creating a level playing field for deeper market integration. And we hope and believe that this would clearly open new opportunities and unlock the potential for even more European investment."

The announcement was made during Sefcovic's visit to Belgrade. (Writing by Miranda Murray, Editing by Rachel More)