Feasibility study for Serbia-Hungary oil pipeline to be completed by end-2024

BUDAPEST - Serbia-Hungary relations are on an all-time high and a feasibility study for a new oil pipeline between the two countries - due to be built by 2027 - will be completed by the end of this year, Serbian Minister of Economy Adrijana Mesarovic and Hungarian Minister of Foreign Affairs and External Trade Peter Szijjarto said after meeting in Budapest on Wednesday.

At a press conference, they said preparations were underway to build a power transmission line between the two countries, to be completed in 2028.

Mesarovic said bilateral relations were on an all-time high thanks to Serbian President Aleksandar Vucic and Hungarian PM Viktor Orban, who she said had succeeded in transforming their countries to the benefit of both nations in a time of crisis.

"Thank you, as a country that holds the EU presidency, for seeing Serbia as belonging in the European...