The visit of His Highness Abu Dhabi Crown Prince Mohammad bin Zayed to Belgrade to meet the Serbian president is indeed a milestone of a budding relationship. A year ago, the United Arab Emirates and Serbia decided to make a sudden shift of the not-so-positive relationship they had been maintaining for the past fifteen years. Over 14 years ago, in 1999, the UAE voiced its support for the NATO campaign against Serbia, and Abu Dhabi later sent humanitarian personnel stationed in Kosovo as part of the international peacekeeping mission. In 2008, the UAE became the first Arab state to recognize Kosovo which led to the canceling of the implementation of the diplomatic relations agreement between the UAE and Serbia from 2007. From this low point, a new relationship is now being forged which highlights a huge potential for investment and cooperation across a number of sectors. This activity begs the question: why now? What is in the works?
UAE investment in Serbia
Serbia is another country where the UAE is using its foreign investments to pursue its national interestsDr. Theodore Karasik