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Strong Returns From Investing In Both Agriculture And It

The largest of the former Yugoslav republics, Serbia is located at the crossroads of Central and Southeast Europe and covers an area of 88,499km². With a population of 6.834 million, its annual GDP amounts to 63.08 billion USD, or 9,230.18 USD per capita. Serbia applied for EU membership in December 2009 and gained candidate status on 1st March 2012.

The state is headed by President Aleksandar Vučić, who led the Serbian Progressive Party until recently and is currently in the second year of his second term of office. The current prime minister of the Republic of Serbia, Ana Brnabić, is also in her second term.

The Serbian economy’s mainstays include light industry, the metal and wood industries, agriculture, mining, tourism, the food industry, energy, textiles etc.

Serbia is among the countries that could further develop its mining sector thanks to an abundance of metal ores and raw materials that aren’t available in most countries. The country also possesses untapped agricultural capacities, possibilities to additionally develop tourism, particularly spa tourism, as well as river transport and port operations, but also to more intensively develop the IT sector, despite current worker shortages.

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