U.S., Serbia Ink Strategic Energy Cooperation Deal

Department of State

Today, Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez and Serbian Foreign Minister Marko Đurić signed an agreement on U.S.-Serbia strategic cooperation in the field of energy in Serbia. This agreement will expand opportunities for U.S. companies to invest in Serbia's energy sector, including promoting U.S. investments that will strengthen the U.S.-Serbia strategic partnership. The United States strongly endorses the high standards of openness and transparency in public procurement that are set out by multilateral organizations, including the Organization for Economic Co-operation and Development (OECD), United Nations Commission on International Trade Law (UNCITRAL), the World Bank, and the World Trade Organization (WTO), and encourages Serbia to join us in adopting these standards. This agreement represents a multi-year effort, involving the close attention of specialists from five U.S. agencies. This commitment of resources reflects the U.S. Government's strong support for U.S. investors and clean energy projects, as a means to drive a green transition and sustainable development.

To stay up to date, follow Under Secretary Fernandez on X: @State_E, LinkedIn: @State-E

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