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Serbia courts US investors despite Trump hotel failure

President pitches country’s energy sector — long dominated by Russia — as area ripe for American investment

The failure of a planned Trump-branded hotel in Belgrade has not damped Serbia’s appetite for more US investment, according to the country’s embattled leader.

The hotel project, backed by investors including Donald Trump’s son-in-law, Jared Kushner, was abandoned after mass protests and allegations that the Serbian government had issued illegal permits.

President Aleksandar Vučić, who has withstood more than a year of protests against what critics describe as his increasingly autocratic and corrupt rule, told the FT he remained committed to attracting US investment.

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