memorandum of understanding

EU and Serbia sign Memorandum on Strategic Partnership for sustainable raw materials, battery production and electric vehicles

Serbia and the European Union have signed a Memorandum of Understanding to establish a strategic partnership focused on sustainable raw materials, including lithium, battery production, and electric vehicles. This agreement was finalized during a summit in Belgrade, where Serbian President Aleksandar Vučić and German Chancellor Olaf Scholz discussed key issues for Serbia's future. Vučić emphasized that lithium reserves, critical for the green and digital transition, are a significant asset for Serbia. He assured that lithium mining in Western Serbia, near…