Serbia, Kosovo agree to normalize economic ties at White House



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Serbia, Kosovo agree to normalize economic ties at White House

Following a meet between the bipartisan diplomats of Serbia and Kosovo in the Oval office, the US President Donald Trump said on Friday that the Balkan countries had agreed to pause political talks for a year in order to normalize trade ties, pointing towards a breakthrough development in trade relationships between the neighbouring Balkan nations that followed decades of failed negotiations and wars.

Besides, after the leaders of Serbia and Kosovo had signed off a peace treaty in the White House which in effect would freeze political talks between the nations for a year, a US official was quoted saying to the reporters that the timeframe was allotted in a bid to branch out the trade relationships between the Southeast European bitter rivals.

Aside from that, speaking to the reporters in the White House, the US President Donald Trump had also added that Serbia had agreed to relocate its embassy to Jerusalem, while Israel and Kosovo had also reached an accord to establish diplomatic relationship.

Friday’s agreement marks a huge leap forward, says Serbian President Vucic

In tandem, after signing off the treaty with the delegates of Kosovo in the Oval office, Serbian President Vucic was quoted saying to the reporters that still there had been many conflicts of interests between Serbia and its former province Kosovo that declared independence back in the 2008s, however, Friday’s accord would mark up a huge leap forward towards a deal.

Apart from that, Avdullah Hoti, the Prime Minister of Kosovo, had also welcomed the deal adding that the accord could lead to a mutual recognition between the two countries. Besides, adding that the decision to normalize trade ties between the Balkan countries took a tremendous scale of bravery, flanked by the PMs of Kosovo and Serbia alongside their team of delegates, Trump said to the reporters, “Serbia and Kosovo have each committed to economic normalization.

By focusing on job creation and economic growth, the two countries were able to reach a major breakthrough. After a violent and tragic history and years of failed negotiations, my administration proposed a new way of bridging the divide by focusing on job creation and economic growth.

I think it’s going to work out very well. ” Kosovo, the partially recognized southeast European state, had yet to receive a UN member status and had been recognized by 98 UN member countries thus far.