OREANDA-NEWS. November 14, 2011. Ukraine and Serbia have agreed to hold annual joint business forums, President Viktor Yanukovych said in a statement following today’s Ukrainian-Serbian negotiations.

" We believe that bilateral economic and business activity, the participation of Ukrainian and Serbian companies in privatization processes continuing in both Serbia and Ukraine is a key objective of economic cooperation," he said. According to him, It will also be favored by the soon to come into force Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Serbia on visa-free travel between the citizens of both countries.

Speaking of trade and economic relations between our countries, the President drew attention to the positive dynamics of trade turnover. During January-September this year, the trade turnover between our countries exceeded the corresponding figure for the whole past year. “But we have come to a common conclusion that this is not enough, considering, firstly, our common potential, and secondly, our mutual interest," said Viktor Yanukovych.

The evidence of that he called the efficiency of Fourth Session of the Intergovernmental Ukrainian-Serbian Commission on Trade-economic and Scientific-technical Cooperation held in Kyiv. During the meeting, specific arrangements have been made for developing cooperation in the areas of priority for both countries, he said.