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Upcoming Serbian-Libyan cooperation in the field of renewable energy

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The Minister of State at Serbia’s foreign ministry, Nikola Stojanovic, who led an economic and business delegation to Libya for the Libyan-Serbian Economic Forum in Tripoli on 27 January, has indicated that the two countries will sign a memorandum of understanding (MOU) on the development of renewable energy.

Speaking to Libya Energy magazine on 29 January following his meeting with Abdulsalam Elansari, chairman of the Renewable Energy Authority of Libya (REAoL), he said that the main goal of the Serbian delegation’s visit to Tripoli was practical cooperation between the two countries and the implementation of joint projects. He stressed that the first step in this direction would be the signing an MOU on renewable energy.

The delegation included officials from Serbian government ministries as well as representatives from Serbian chambers of commerce and from individual companies.

Stojanovic explained that before its break-up, Yugoslavia had had been a major player in the Libyan market and that Serbia, as one of its successor states, wants to return to that state of affairs. The delegation had come to Tripoli to renew the Serbian presence, he said. Serbia wanted to get back into the Libyan market.

He said that he had had a very good meeting with REAoL discussing its projects and strategie plans and seeing how Serbia could collaborate on them.

“We aim to increase the renewable energy mix in our total energy,” he said. “It is now around 25 percent, but our government is focused on the sector and a lot of Serbian companies have done a great deal of work on it.

“We have the experience. We have the licenses. We have the experts. And we are ready not only to come here but also to share the experience and to establish a mechanism for future cooperation.”

The first step, he said, was going to be the establishment of an MOU between the two countries in the field of renewable energy.