Foreign investments in the defense industry of Serbia - political and safety implications in the context of european integration Cover Image

Страна улагања у одбрамбену индустрију Србије - политичке и безбедносне импликације у контексту европских интеграција
Foreign investments in the defense industry of Serbia - political and safety implications in the context of european integration

Author(s): Vlado Radic, Nikola Radic
Subject(s): EU-Legislation
Published by: Институт за међународну политику и привреду
Keywords: defense industry;foreign investments;The European Union;Serbia;security

Summary/Abstract: The defense industry of Serbia is a respectable national capacity whose development role consists in the permanent increase in exports and ensuring of the national self-sufficiency necessary for the defense system. Although in the last two or three decades the defense industry has gone through great temptations, it has shown exceptional vitality in the international market. This industry possesses the potential to develop a high growth rate. In the conditions of Serbia's accession to the European Union market, which is indicated by certain economic parameters, it also has the potential to develop high product quality, price competitiveness, specific technological know-how and rich production experience and the considerable interest of foreign customers. With the new Law on the Production and Trade of Weapons and Military Equipment, Serbia has made a step forward by which its companies from the defense industry can enter the European Union and otherworld markets. The authors of this paper paid attention to the political and security implications of foreign investments in the Serbian defense industry, focusing on the context these investments can have on the European integration process.

  • Issue Year: 2018
  • Issue No: 64
  • Page Range: 175-188
  • Page Count: 14
  • Language: Serbian