The Fort Worth Press - Fighter jet deal at centre of Macron's Serbia trip

USD -
AED 3.672499
AFN 64.504736
ALL 81.111622
AMD 361.139634
ANG 1.789785
AOA 916.999936
ARS 1527.729515
AUD 1.42201
AWG 1.8025
AZN 1.700169
BAM 1.747116
BBD 2.014302
BDT 123.686291
BGN 1.747831
BHD 0.377417
BIF 2997.811425
BMD 1
BND 1.278312
BOB 11.776424
BRL 5.041302
BSD 1.000138
BTN 94.895662
BWP 13.777424
BYN 2.936544
BYR 19600
BZD 2.011354
CAD 1.39822
CDF 2315.999954
CHF 0.824555
CLF 0.025138
CLP 989.480024
CNY 6.67805
CNH 6.669675
COP 3161.21
CRC 456.38687
CUC 1
CUP 24.002072
CVE 98.499703
CZK 21.7354
DJF 178.089045
DKK 6.67394
DOP 61.342898
DZD 134.832021
EGP 55.300104
ERN 15
ETB 162.670353
EUR 0.89292
FJD 2.237196
FKP 0.74735
GBP 0.747425
GEL 2.58996
GGP 0.74735
GHS 11.595977
GIP 0.74735
GMD 74.000026
GNF 8850.814466
GTQ 7.64486
GYD 209.461874
HKD 7.842315
HNL 26.849912
HRK 6.72702
HTG 131.07388
HUF 327.321501
IDR 18106.35
ILS 3.10555
IMP 0.74735
INR 94.90545
IQD 1516.108429
IRR 1832375.000257
ISK 121.790438
JEP 0.74735
JMD 158.719383
JOD 0.709022
JPY 156.738497
KES 129.839659
KGS 87.448603
KHR 4085.971557
KMF 439.500902
KPW 899.999961
KRW 1326.109783
KWD 0.31052
KYD 0.833452
KZT 454.080129
LAK 22505.002501
LBP 89558.797256
LKR 332.079753
LRD 170.513828
LSL 16.569461
LTL 2.95274
LVL 0.60489
LYD 6.404988
MAD 9.823308
MDL 18.051883
MGA 4522.797113
MKD 55.003393
MMK 2100.348965
MNT 3600.056668
MOP 8.079754
MRU 39.968913
MUR 47.159773
MVR 15.459709
MWK 1734.170657
MXN 18.67721
MYR 4.085301
MZN 63.90274
NAD 16.569461
NGN 1336.030074
NIO 36.803952
NOK 9.333135
NPR 151.832381
NZD 1.75391
OMR 0.384511
PAB 1.000054
PEN 3.434648
PGK 4.478945
PHP 63.625008
PKR 276.747271
PLN 3.92906
PYG 5784.116236
QAR 3.645557
RON 4.776097
RSD 104.938017
RUB 80.647831
RWF 1477.613807
SAR 3.754258
SBD 8.07458
SCR 13.824605
SDG 601.50029
SEK 9.93002
SGD 1.27815
SHP 0.7473
SLE 22.950032
SLL 20969.504398
SOS 571.530662
SRD 37.628024
STD 20697.981008
STN 21.885845
SVC 8.750765
SYP 13001.999685
SZL 16.568851
THB 33.770018
TJS 9.215947
TMT 3.51
TND 2.986391
TOP 2.40776
TRY 49.737202
TTD 6.795332
TWD 32.602978
TZS 2645.15298
UAH 45.276567
UGX 4405.754637
UYU 40.108624
UZS 11968.430785
VES 879.7889
VND 25842.5
VUV 118.928057
WST 2.764707
XAF 585.717398
XAG 0.018509
XAU 0.00025024117
XCD 2.70255
XCG 1.802403
XDR 0.707052
XOF 585.717398
XPF 106.534935
YER 236.105142
ZAR 16.611175
ZMK 9001.197886
ZMW 20.107375
ZWL 321.999592
SSP 5745.817056
MXV 2.107966
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Fighter jet deal at centre of Macron's Serbia trip
Fighter jet deal at centre of Macron's Serbia trip / Photo: © AFP

Fighter jet deal at centre of Macron's Serbia trip

Expectations are high that France and Serbia will sign a deal worth billions of euros to supply fighter jets to the Balkan country during a visit by President Emmanuel Macron to Belgrade this week.

Text size:

The French president will kick off a two-day visit to Serbia Thursday, with the Rafale fighter jet deal looming large after President Aleksandar Vucic told AFP that he hoped to seal the agreement this week.

The deal to purchase the French Rafale jets would be one of several agreements inked during the visit, according to Vucic.

"There are thousands of things that we'll have to discuss tomorrow. There are many memorandum of understandings and many contracts that we're going to sign tomorrow," Vucic said during an interview Wednesday.

"I believe that we'll finish everything successfully regarding our military-technical cooperation, which means that Serbia might become a member of (the) Rafale Club, which is a huge, huge contract."

A source with the French presidency said "intense discussions" were ongoing and hoped a deal could be reached during Macron's visit.

France has been ratcheting up its economic ties with Serbia in recent years.

French company Vinci has been overseeing a years-long renovation of Belgrade's Nikola Tesla airport, and French groups are set to build the capital's first metro station and a state-of-the-art wastewater treatment plant.

Belgrade-based analyst Vuk Vuksanovic said that Vucic likely saw the Rafale deal as crucial for ensuring France's support in the future.

The president "believes that by purchasing these Rafales, which are an extremely expensive product of the French military and industry, he will buy President Macron's favour and political protection," Vuksanovic, a senior researcher at the Belgrade Centre for Security Policy, told AFP.

- 'We made our choice' -

If signed, the agreement would mark the latest in a string of moves by Serbia to curry favour with Europe.

In July, the European Union and Serbia signed a deal to develop the country's supply of lithium, seen as a crucial building block to achieve Europe's transition to a green economy.

The Serbian government reinstated the licences for a controversial lithium mine this summer after revoking in 2022 the permits granted to Rio Tinto following a string of demonstrations over environmental concerns.

Despite the mass protests, Vucic has vowed to remain firm in his support of the project and said the country willingly chose to sign a deal with the EU, despite having potential offers from outside of the bloc.

"We made our choice. It was the EU," Vucic told AFP.

Vucic has also acknowledged that Serbia had sold hundreds of millions of euros' worth of ammunition to Western countries that has likely been shipped to Ukraine as it fights off invading Russia troops.

The sales come even as Serbia remains an outlier in Europe after refusing to join sanctions against Russia in the wake of its invasion of Ukraine in 2022.

The Balkan country has been reliant for years on support from the Kremlin and Beijing to prevent the United Nations from recognising Kosovo as an independent state.

Serbia has been a candidate to join the European Union since 2012, but its prospects are seen as bleak without a normalisation of relations with Kosovo.

Belgrade has refused to accept the declaration of independence by majority-Albanian Kosovo in 2008.

T.Mason--TFWP