mei.edu
<https://www.mei.edu/publications/serbias-best-friend-arab-world-uae>  


Serbia's best friend in the Arab world: The UAE


Vuk Vuksanovic

8-10 minutes

  _____  

On July <https://www.youtube.com/watch?v=-vj_1ktWzl8>  1,
<https://www.youtube.com/watch?v=-vj_1ktWzl8>  2021
<https://www.youtube.com/watch?v=-vj_1ktWzl8> , Serbian President Aleksandar
Vučić, accompanied by Mohamed Alabbar, an entrepreneur and the chairman of
UAE real estate firm Eagle Hills, attended a ceremony in Belgrade. It
commemoratedthe final work on a tower within Waterfront Belgrade
<https://www.belgradewaterfront.com/en/> , a major real estate project
funded by the UAE. The ceremony was an illustration of the growing ties
between Serbia and the UAE, which over the past nine years has become
Belgrade's primary partner in the Arab world. The UAE has also emerged as a
source of cash and an instrument of domestic political promotion for the
Serbian leadership.

The UAE has become one of six countries with which Serbia has a strategic
partnership agreement
<https://www.politika.rs/sr/clanak/404513/Politika/Sva-srpska-strateska-part
nerstva#!> , including France, Italy, Russia, China, and Azerbaijan. Between
2010 and 2019, the UAE was the fourth-largest source of net foreign direct
investment
<https://cep.org.rs/en/publications/foreign-investments-in-serbia/>  in
Serbia, accounting for 3.1%, behind the EU, Russia, and China. For Serbia,
partnerships with non-Western players like the UAE are part of its foreign
policy of hedging its bets and seeking foreign capital inflows to shore up
its troubled economy. This has become particularly important since the EU
<https://ecfr.eu/publication/the_periphery_of_the_periphery_the_western_balk
ans_and_the_euro_crisis/>  has been unable to continue its enlargement to
the Balkans following the 2008 global financial crisis. Past issues have
been pragmatically set aside, like Emirati support for Bosnian Muslims
<https://www.upi.com/Archives/1995/08/21/UAE-commits-further-funds-for-Bosni
a/5917808977600/>  during the Bosnian Civil War (1992-95) and the UAE's
recognition of Kosovo
<https://balkaninsight.com/2008/10/15/uae-recognises-kosovo-s-independence/>
's independence.

Growing economic ties

The UAE also had its reasons for pursuing closer ties with Serbia. As a
group of U.K. researchers
<https://www.tandfonline.com/doi/abs/10.1080/21534764.2017.1322753?journalCo
de=rjab20>  explained in 2017, the partnership has focused on four main
areas: aviation, urban construction, agriculture, and defense. Investments
in aviation and urban construction are supposed to help the UAE diversify
its economy by moving capital abroad and preparing for the day when the Arab
Gulf countries will no longer be able to rely on oil exports
<https://gulfnews.com/opinion/op-eds/post-oil-era-drivers-of-future-economic
-growth-1.69623767> . Investments in agriculture and defense are a way for
Abu Dhabi to invest in its food and military security. In doing so, the UAE
gains a foothold in a region at the crossroads between the EU and the Middle
East and has an opportunity to keep an eye on its rival Turkey
<https://research.sharqforum.org/2020/06/05/is-the-uae-competing-against-tur
key-in-the-balkans/> , which is also active in the Balkans
<https://nationalinterest.org/feature/how-the-balkans-were-won-turkish-forei
gn-policy-success-22771?page=2%2C1> .

In 2013
<https://www.reuters.com/article/us-etihad-jat-idUSBRE9700EX20130801> , the
Emirati airline Etihad bought a 49% share in Serbia's struggling JAT
Airways, leading to the company's restructuring under the name Air Serbia.
In late 2020
<https://www.exyuaviation.com/2020/12/etihad-airways-reduces-air-serbia.html
> , as a result of the pandemic, Etihad reduced its share in Air Serbia from
49% to 18%. Although it has been downgraded, the aviation partnership
remains in place. Air Serbia is contemplating restarting a flight
<https://www.exyuaviation.com/2021/06/air-serbia-considering-return-to-uae.h
tml>  between Belgrade and the UAE four years after it discontinued
scheduled services to the country, as part of its search for new
opportunities in the wake of the COVID-19 pandemic.

In the construction sector
<https://www.reuters.com/article/uk-serbia-emirates-belgrade-idUKKBN0NH0I920
150426> , the aforementioned Belgrade Waterfront project is at the center.
The project was inked in 2015, and it entails a $3 billion investment to
transform a wasteland into a luxurious urban complex. It allows Abu Dhabi to
concentrate its capital in
<https://www.news24.com/Fin24/serbia-seals-deal-for-dubai-style-waterfront-2
0150426> a country close enough to the EU to be a membership candidate but
without the same strict screening mechanisms as EU member states. Indeed,
the democratic backsliding
<https://blogs.lse.ac.uk/europpblog/2018/07/11/the-uaes-presence-in-the-balk
ans/>  experienced by the Balkans in recent years also helps the UAE on that
front.

In the defense industry
<https://www.middleeasteye.net/news/uaes-shadowy-dealings-serbia> , the
central figure has been Mohammed Dahlan, the exiled Palestinian former Gaza
spy chief who is now working for the Emirati government as a fixer. Dahlan
has been the facilitator of the UAE-Serbia partnership and Emirati
investments in the Serbian defense industry. In 2013
<https://seenews.com/news/serbias-jugoimport-sdpr-signs-missile-sys-developm
ent-deal-with-uaes-earth-media-335605> , Yugoimport SDPR, Serbia's largest
defense company, and the Emirates Advanced Research and Technology Holding
(EARTH) signed a $267.8 million deal on the joint development of the
Advanced Light Attack System (ALAS)
<https://www.navyrecognition.com/index.php/naval-news/naval-news-archive/201
7/june-2017-navy-naval-forces-defense-industry-technology-maritime-security-
global-news/5327-new-alas-s-air-coastal-defense-missile-system-developed-joi
ntly-by-nimr-and-yugoimport-for-uae.html> , an anti-tank missile defense
system. Serbia profits
<https://www.reuters.com/article/uk-serbia-arms/western-balkans-arms-exports
-exceed-500-million-euros-in-2016-report-idUKKBN1JW1G5?edition-redirect=uk>
by having its weaponry in Middle Eastern markets, while the UAE
<https://www.middleeasteye.net/news/uaes-shadowy-dealings-serbia>  acquires
a source of weaponry and an ability to distribute it to its allies in
various regional conflicts. In the meantime, Dahlan has been given Serbian
citizenship
<https://balkaninsight.com/2015/02/24/abbas-dahlan-citizenship-is-serbia-s-p
roblem/>  and his associates have bought luxurious villas
<https://balkaninsight.com/2020/09/29/luxury-state-villa-in-serbia-sold-to-a
ssociate-of-powerful-palestinian/>  in Belgrade.

As the UAE imports 90%
<https://www.bloomberg.com/news/articles/2021-04-08/uae-to-grow-more-food-in
-the-desert-as-pandemic-disrupts-imports>  of its food needs, food security
is the driving force behind Emirati investments in the agricultural sector.
In 2013 <https://www.arabnews.com/news/446344> , the UAE Development Fund
provided a $400 million loan for Serbian agriculture, followed by a $400
million deal in which Abu Dhabi-based Al Dahra Agriculture Company bought
eight Serbian farming enterprises. In 2018
<http://www.tradearabia.com/news/IND_346020.html>  Al Dahra signed a $172
million agreement to take over the agricultural assets of local agribusiness
firm PKB Korporacija.

The political angle

Domestic politics, boosted by the COVID-19 pandemic, have also played a
central role in the burgeoning Serbian-UAE relationship. Serbia will hold
presidential and possibly parliamentary elections in 2022
<https://www.rferl.org/a/serbia-new-government-power-2022-early-elections/30
903718.html> . Given the dominance
<https://balkaninsight.com/2020/05/06/freedom-house-serbia-montenegro-hungar
y-no-longer-democracies/>  of President Vučić and his Serbian Progressive
Party, victory is almost certain. However, with the COVID-19 pandemic still
ongoing, the Serbian elite must ensure things go smoothly. Therefore, the
partnership with the UAE provides Serbian leaders with both a source of cash
and promotion material for the campaign - an old trick
<https://www.pssi.cz/publications/27-our-brothers-our-saviours-the-importanc
e-of-chinese-investment-for-the-serbian-government-s-narrative-of-economic-r
ebound>  that President Vučić is once again using. 

In December 2020
<https://www.srbija.gov.rs/vest/en/165555/donation-of-medical-equipment-form
-uae-arrives-in-serbia.php> , Vučić received several million euros worth of
medical aid from the UAE arranged by Crown Prince Sheikh Mohammed bin Zayed
al-Nahyan. Belgrade also received medical aid from Abu Dhabi in March
<https://www.thenationalnews.com/uae/government/coronavirus-uae-sends-more-t
han-523-tonnes-of-aid-to-help-47-countries-1.1010046>  of that year. After
Vučić visited the UAE in March 2021
<https://balkaninsight.com/2021/03/12/serbia-unveils-plan-to-produce-chinese
-vaccine-jointly-with-uae/> , he announced that the UAE, alongside China,
will finance the construction of a facility in Serbia to produce the Chinese
Sinopharm vaccine. For the UAE, it is a strategic capital investment in
Europe that will ensure a supply of vaccines for potential health crises,
while for Serbia it will help the country to emerge as a regional vaccine
supply hub
<https://cepa.org/in-the-balkans-serbia-has-its-own-vaccine-diplomacy/>  in
the Balkans. After the visit to the UAE, Vučić also travelled to Bahrain
<https://www.predsednik.rs/en/press-center/news/president-vucic-in-official-
visit-to-the-kingdom-of-bahrain-29697> , where he highlighted efforts to
forge stronger political and commercial ties like those Serbia has with the
UAE. Abu Dhabi is opening new doors for Belgrade and introducing it to new
economic partners in the Middle East.

During the tower ceremony
<https://www.b92.net/eng/news/business.php?yyyy=2021&mm=07&dd=01&nav_id=1111
50>  at Waterfront Belgrade, President Vučić spoke of plans to increase
salaries and pensions: "That would not be possible without growth, growth in
construction, big jobs, dreams that we had. We have never achieved such a
good performance [...] We are slowly reaching European standards in terms of
salaries and pensions." The statement is bold, but there is no doubt that
Vučić is increasingly using the UAE and its projects in Serbia for domestic
political marketing. President Vučić invokes cooperation with Abu Dhabi to
promote himself as a leader who keeps the country and the economy afloat
despite the hardships of the COVID-19 world. Earlier, in January 2021
<https://www.srbija.gov.rs/vest/en/166853/monument-to-stefan-nemanja-unveile
d.php>  as health authorities struggled with the pandemic, Vučić attended a
ceremony full of historical choreography, unveiling a monument to medieval
Serbian ruler Stefan Nemanja in the Waterfront complex.

However, the Emirati factor also brings risks. The Waterfront
<https://www.forbes.com/sites/wadeshepard/2016/12/08/inside-abu-dhabis-bad-j
oke-the-belgrade-waterfront-project/?sh=c977eae6c124>  project remains
controversial for many Belgradians due to the project's lack of
transparency. There is much debate about whether the luxurious urban complex
fits with the low purchasing power of the average citizen and the city's
geographical and urban landscape. In 2016
<https://balkaninsight.com/2019/04/24/serbia-protesters-mark-controversial-s
avamala-demolitions/> , a group of unidentified masked men demolished
several legally disputed buildings obstructing the Waterfront project. The
foot-dragging response of the police to the demolition triggered mass
protests in Belgrade. Indeed, the lack of transparency involving
transactions around Etihad and the Waterfront project have given rise to
concerns that the presence of corrosive, corruptive capital
<https://scindeks.ceon.rs/article.aspx?artid=2217-995X2002167P>  will
inevitably strengthen an illiberal polity and lead to state capture. Weapons
<https://www.thetimes.co.uk/article/world-at-five-how-balkan-states-are-feed
ing-conflict-throughout-middle-east-zlqmqj3br>  sold to the UAE and Saudi
Arabia tend to end up in the hands of militants fighting in Syria and Yemen.
The UAE's agricultural investments are also controversial
<https://insajder.net/sr/sajt/vazno/14086/Jedna-arapska-firma-preuzela-drugu
-Umesto-Al-Rawafeda-me%C4%91u-vode%C4%87e-zemljoposednike-u-Srbiji-se-upisal
a-Elite-Agro-LCC.htm>  as the land sales to UAE firms went ahead in spite of
the opposition of the Serbian military. Despite these controversies, the
partnership will survive because the elites in Belgrade and Abu Dhabi profit
from it - and it also provides a good photo-op for next year's elections.

Vuk Vuksanovic <https://twitter.com/v_vuksanovic>  is a PhD researcher in
international relations at the London School of Economics and Political
Science (LSE), an associate of LSE IDEAS, LSE's foreign policy think tank,
and a researcher at the Belgrade Centre for Security Policy (BCSP). The
opinions expressed in this piece are his own.

Photo by Martyn Aim/Getty Images

 

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