BELGRADE – SERBIA

BSC2025

500+ participants / 80+ speakers
20+ panels and side sessions

17-19 November / SAVA CENTER

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November 19, 2025 BSC

In a discussion moderated by Vessela Tcherneva, Deputy Director of the European Council on Foreign Relations, panelists examined the modernisation of green technology, its implications for Central and Eastern Europe, and the role China plays in the global clean-tech landscape.

Participants agreed that Europe – and especially the CEE region – urgently needs more investment, more realistic planning, and faster implementation of green technologies.

Julian Popov, former Minister of Environment and Waters of Bulgaria, emphasised the need to identify common ground between phasing out fossil fuels, increasing defence budgets, and maintaining the competitiveness of EU industries. “If we put these together and look at them separately,” Popov argued, “the budget does not work – we are running a ten per cent budget deficit, high inflation – it does not work.” He highlighted recent EU-level action, noting that “a few weeks ago, the European Council, supported by the European Parliament, agreed on an interim target to lower emissions.” Everything else, he suggested, is secondary. Popov envisioned a future in which China leads in innovation while Europe becomes a key assembly hub, supported by Chinese firms and factories.

Alicja Bachulska, Policy Fellow at the European Council on Foreign Relations, warned that if the EU continues to approach China as it currently does, “we’ll end up an assembly line for Chinese products.” Focusing on Eastern Europe – and Poland in particular – she noted that expectations of creating a level playing field with China have not materialised. “China has been very reluctant to treat partners as equals,” she explained. Bachulska also criticised European complacency, pointing out that China’s five-year plans and official strategies have long been publicly available, yet “Europeans have failed to read or acknowledge these documents,” leading to “a lot of wishful thinking.” Europe, she concluded, must “diversify our partnerships” and “develop technologies that bypass China.”

Vuk Vuksanović, Senior Researcher at the Belgrade Centre for Security Policy, offered a broader geopolitical perspective. In order to challenge the EU, he argued, China concluded that it needed to “make a footprint in the Balkans.” According to Vuksanović, this strategy provides Beijing with three key advantages: access to natural resources, access to the EU market, and relationships with corrupt local officials. He also pointed to a new wave of Serbian environmentalism following the Novi Sad canopy tragedy – “one of the rare issues that united both the political left and the political right.” Finally, Vuksanović warned that Chinese and Russian influence in Serbia will not disappear even if President Vučić leaves power.


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November 18, 2025 BSC

The second day of the Belgrade Security Conference continued with discussions on the stability of U.S. – China relations and their roles across different regions – whether in their own backyards or in areas like the Western Balkans. The discussion was moderated by Scott Bates, Regional Director of Europe and Eurasia at the National Democratic Institute.

All panelists agreed that the relationship is highly volatile, with rare earth minerals and regional investments representing particular points of pressure. Additionally, it was concluded that now is the time to reconsider old strategies and take action – whether through deterrence, sanctions, or cooperation.

Gordon Flake, the founding CEO of the Perth USAsia Centre at the University of Western Australia, emphasized the importance of adopting new strategies to address contemporary China. He noted that the U.S. – China relationship is unstable “in every arena.” Flake expressed greater concern about the volatility of the current Trump administration, which raises questions about the U.S. stance on Ukraine, China, and other issues. He also highlighted concerns about China’s influence across various regions and industries, stressing the importance of “ensuring that we can deny China monopolistic behavior.”

Ken Jimbo, professor of International Relations at Keio University, provided insight into Tokyo’s perspective, noting that East Asia is “closely watching” the war in Ukraine and the peacemaking efforts. He pointed out that China’s defense budget was comparable to Japan’s in 2005 and has since increased five to six times. Jimbo emphasized the importance of “having the resilience to diversify your sources” as a way to manage the “issue of the asymmetrical situation that China presents.” He cited Japan’s ability to diversify sources of rare earth metals as a positive example.

Sanae Takaichi has recently made headlines not for her statements but for China’s reaction to them, according to Valérie Niquet, Senior Research Fellow at the Foundation for Strategic Research. Niquet explained that Japan’s new Prime Minister’s support for Taiwan is perceived as a threat by China, prompting Beijing to attempt to delegitimize her leadership. She also discussed the turbulent China – Japan relationship over the past three decades. Furthermore, Niquet highlighted China’s capacity to exert pressure on countries that influence the rare earth metals market – a situation that Europe has “slept on for too long.”

Theresa Fallon, founder and director of the Centre for Russia–Europe–Asia Studies, spoke about the “incredible complexity” involved in supporting either side of the Ukraine conflict, involving countries such as South Korea, New Zealand, Japan, North Korea, and Australia. She also addressed shifts in U.S. foreign policy, stating: “Under the Biden administration, there was a more democracy-over-autocracy approach; under Trump, it is very unclear what will happen.” In an era where “democracy and values seem to have taken a backseat,” Fallon contended that the EU remains the only bastion of democracy left.