OREANDA-NEWS. February 20, 2012. CCI of Russia President Sergey Katyrin has had a meeting with Serbian Chamber of Commerce President Milos Bugarin.

The Serbian Chamber President arrived in Moscow as the Head of a delegation of 13 Serbian companies participating in the “ProdExpo-2012” exhibition. During the meeting, in particular, certain aspects of inter-Chamber cooperation were discussed.

CCI of Russia President Sergey Katyrin said that territorial chambers made a significant contribution to the cooperation: the Kursk, Voronezh, Ivanovo and some other chambers of commerce and industry actively interacted with Serbian colleagues.

In the opinion of Sergey Katyrin, it is necessary to give a boost to information cooperation – both Russian and Serbian businessmen need full, reliable and up-to-date information. Russian regions present a wide field for business, and this area must be developed; 174 territorial chambers can supply necessary information.

Serbian Chamber of Commerce President Milos Bugarin also called for a more active information exchange. He said that bilateral trade had been growing with the assistance of the chambers and a better information exchange would obviously promote further growth of indicators. Currently, Russia ranks first in Serbian imports and sixth in exports. There is a substantial potential for further improvement of bilateral trade. The free trade agreement plays an important role in that. Serbian businessmen are already working in some Russian regions, including Kursk, Kaluga and Novosibirsk.

The interlocutors touched upon cooperation of Serbian food suppliers with large trading networks in Russia.

The Parties discussed a possibility of the CCI of Russia hosting of a forum on the investment potential of Serbia with the goal of broader cooperation. Russian investments in the Serbian economy stand at approximately USD 2 billion, while Serbian investments in Russia amount to USD 400 million; there is a chance for further serious growth.

The Parties discussed some other issues of mutual interest.