Foreign Ministers of Russia and Slovenia Discuss Prospects for Trade and Economic Cooperation

The Russia’s Foreign Minister Sergei Lavrov paid an official visit to Slovenia last week. He visited Ljubljana to meet with the Slovenia’s President Borut Pahor and the Minister of Foreign Affairs Karl Erjavec. The parties discussed prospects for trade and economic cooperation and strengthening of the bilateral investment presence, the current situation in the Balkans, the Middle East and Ukraine.

Besides, Karl Erjavec and Sergey Lavrov signed a memorandum on opening an international research centre for the World War II in Maribor, which will deal with the crimes of the Nazis and fascists on the territory of Slovenia. The Russian side assumed all expenses for its opening.

The export of Slovenian goods to Russia continues growing. The country remains the most important market for Slovenian products, in addition to the EU countries, and also ranks 5th in the world in terms of direct Slovenian investments. Half of the export to Russia is made up of pharmaceutical products and electrical equipment. Besides, the number of overnights made by Russian tourists in Slovenia is growing. In 2017, it reached 260 thousand stays, which is 33% more than in 2016.