Serbia's Agriculture Minister Dragan Glamocic hailed the surge in exports to China following the launch of a landmark free trade agreement (FTA) in recent years, calling the pact a strategic relationship of mutual vision and voicing optimism for deeper bilateral cooperation.
The FTA between China and Serbia, signed in October 2023 and implemented on July 1, 2024, eliminates tariffs on roughly 90 percent of bilateral trade. More than 60 percent of goods became duty-free immediately upon its entry into force, marking a decisive step in deepening economic ties.
He said the agreement has reshaped Serbia’s trade profile, fueling a 69-percent jump in agricultural exports while accelerating imports of Chinese technologies and farm mechanization.
"The relationship between the People's Republic of China and the Republic of Serbia, I would describe as a long-term, strategic relationship of mutual political and clear economic vision.The Free Trade Agreement between our countries was signed in 2023. It was introduced in 2024. As a result, our trade exchange has greatly improved, especially in the field of agriculture. We can say from that moment our exports to China grew for 69 percent. We have also made easier the import of certain things, such as mechanization and digital technologies, from the People's Republic of China to Serbia," said Glamocic.
"Our traditional products, such as wine, our domestic brandy, our honey, dried plums, frozen raspberries, similarly, imports of modern technologies from China are increasing, mechanization also, which really improves our agriculture business in Serbia. So I am an optimist that it will get better and better every day," he added.
The minister spoke highly of Serbia's partnership with China and voiced hope for broader cooperation in the future.
"What I would expect from China is that we sometimes try to speed up these procedures as much as possible. It is especially an honor for us when such a small country has such a status in the People's Republic of China. We were the first country to sign this type of strategic document in Europe, and we have reached the highest possible level among the two countries," he said.
Serbian agriculture minister reports record export growth to China
U.S. President Donald Trump said on Friday that he estimates a deal with Iran will be signed "in the next day or two."
Trump said in an interview with Israel's Channel 12 News that the United States and Iran will probably meet over the weekend to finalize a deal to end the war. "The Iranians want to meet and make a deal," he said.
He said "the naval blockade on Iran is helping to make a deal. I will not lift it until we make a deal," adding that "the biggest part of this deal is that it will make Israel safer. This deal is good for Israel."
According to the channel, one component of the deal under discussion is that the United States will release 20 billion U.S. dollars in frozen Iranian funds.
In exchange, Iran would give up its stockpile of enriched uranium, and would be only allowed to have nuclear research reactors to produce medical isotopes, all above ground.
Trump also stressed that Israel must stop the strikes on Lebanon, saying, "They can't keep blowing up buildings. I'm not going to allow that."
Also on Friday, Trump said in a phone interview with Bloomberg that a deal to end the U.S.-Israeli war with Iran is mostly complete as talks over a lasting peace deal will "probably" be held this weekend in Pakistan.
Trump said in the phone interview that Iran agreed to suspend its nuclear program indefinitely, and will not receive any frozen funds from the United States.
"Most of the main points are finalized. It'll go pretty quickly," Trump said.
Asked if he would travel to Pakistan to sign the potential deal, Trump said: "I may."
Trump again denied that the moratorium on Iran's nuclear program would expire after 20 years. "No years, unlimited," Trump said.
The United States will get all of Iran's nuclear "dust" with no money having exchanged hands "in any way, shape, or form," Trump wrote on social media earlier on Friday. Multiple Western media outlets have interpreted Trump's reference to nuclear "dust" as meaning Iran's stockpile of enriched uranium.
Iran has yet to comment on any deal beyond the reopening of the Strait of Hormuz, nor on claims made by Trump that Tehran had offered concessions, including over the key issue of its nuclear program.
If the United States continues its naval blockade of the Strait of Hormuz, Iran will consider it a violation of the ceasefire between the two countries and will close the waterway, the semi-official Tasnim news agency reported Friday, citing an informed source close to the Supreme National Security Council.
The Iranian side has yet to respond to the media report on the enriched uranium issue.
The United States and Iran had their first round of negotiations in Pakistan's Islamabad last weekend to ease tension in the Middle East. The talks, which failed to produce an agreement, took place after a ceasefire was announced on April 8 between Iran, the United States, and Israel, following 40 days of fighting.
Iran tightened control over the Strait of Hormuz after the United States and Israel launched joint attacks on the country on Feb. 28. The United States also imposed a naval blockade on the strait following the failed negotiations in Islamabad.
Earlier on Friday, both Washington and Tehran confirmed that the strait had been completely open for all commercial vessels. However, Trump said on Truth Social that the U.S. naval blockade would "remain in full force." In response, Iran warned of closing the waterway again if the U.S. blockade continues.
Trump says may sign deal with Iran "in the next day or two": Israeli media
Trump claims peace deal with Iran mostly complete: report
