Serbian exports to Russia fall by 30 percent!

Economy Minister Zeljko Sertic said the drop in exports was brought by a serious decline in ruble last year, which consequently affected the decrease in demand on the Russian market

Economy Minister Zeljko Sertic said that in the first quarter of this year, the total Serbian exports to Russia fell by 30 percent.

At a public hearing on the draft law on investments, he said that, despite the overall decline in exports, an increase in export of agricultural and food products by 20 percent occurred in the first quarter.

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Sertic said the drop in exports was brought by a serious decline in ruble last year, which consequently affected the decrease in demand on the Russian market.

- We are working on fixing the balance by the end of the year - said Sertic .

(Telegraf.co.uk/ Tanjug)