In mid-July, during an official visit to Serbia by French President Emmanuel Macron, a co-production treaty was signed by the Serbian Minister of Culture, Vladan Vukosavljevic and the French Ambassador Frédéric Mondolini, to strengthen exchanges between the film sectors of both countries.
The aim of the agreement is to facilitate co-productions between Serbia and France by simplifying the respective regulations and making movement of material and equipment easier.
The treaty states that the majority co-producer can provide up to 80% of the total budget, and the minority co-producer must provide at least 10% of the budget.
The CNC and Film Centre Serbia are responsible for implementing the treaty, and a group of experienced professionals – both French and Serbian – will make sure it is correctly applied.
Source: https://cineuropa.org