4. located at the central and south-eastern Europe. It has many neighbours countries. Belgrade is the capital city of Serbia. Boris Tadic is the president of the country. Population is about 7 million people.
5. It is a member of United Nations,Council of Europe,BSEC and currently preside over CEFTA EU membership applicant
6. TRANSPORT Serbia owns one of the world’s oldest airline carriers,Jat airways which is founded in 1927 It has three international airport The Historians have labeled Serbia and especially the valley of the Marova,as the crossroads between East and West
7. POLITICS Serbia regained its independence in 2006 after 88 years in various federation The parliament announced a constituonal referendum that would replace the former Yugoslav constitution It created the new framework for the newly nation by a new constitution of Serbia
8. After World War II,Serbia became a constituent republic within the socialist Federal Republic at Yugoslavia It is known as the Socialist Republic of Serbia and had a republic-branch of the federal communist party
9. ECONOMY GDP for 2010 estimated at 80 billion Foreign direct investment was approximately 6 billion in 2006 FDI for 2007 reached 4.2 billion while real GDP per capita figures are estimated to have reached nearly 7 billion in April 2009
10. The GDP growth rate showed increase by %5.8 in 2006,%7.5 in 2007,and %8.7 in 2008 as the fastest growing economy According to the euro-stat which is directorate-General of the European Commission,Serbian GDP per capita stood at %37 of the EU average in 2008
11. The Serbian economic system is classified by the World Bank as upper-middle income The economy has a high unemployment rate of %14 and an unfavourable trade deficit The country expects some major economic impulses and high growth rates in the next years
12. given its recent high economic growth rates,which averaged %6.6 in the last three years Serbia is the only European country outside the former USSR to have free trade agreement with Russia and Belarus
13. Corporations investing in Serbia include:United States Steel,Philip Morris,Microsoft,Fiat,Coca-cola,Lafarge,Siemens,Carlsberg. In the energy,Russian giants Lukoil and Gazprom have invested heavily. In the trade sector,biggest foreign investors are France’s Intermarche,German Metro Cash-Carry,Greek Veropoulos and Slovenian Mercator
