
French President Emmanuel Macron will use a trip to Serbia at the end of this month to discuss strengthening economic ties between the countries and Serbia's role in the AI sector, Macron's office said on Thursday. Serbia has positioned itself as a regional leader in AI research and will chair the Global Partnership on Artificial Intelligence - an initiative set up by Macron and Canadian Prime Minister Justin Trudeau to oversee the responsible development of AI - in 2025. Macron will hold talks with Serbian President Aleksandar Vucic during his trip to the country from August 29-August 30, added the French presidency.

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The move comes after weeks of political unrest in the country fuelled a sharp rise in inflation, touching 11.66% in July, amid an ongoing struggle with shrinking reserves and exports from the mainstay garments industry taking a hit. Bangladesh Bank's new governor, Ahsan H. Mansur, appointed just a week ago, also said that he would raise interest rates further to 10% or more in the coming months. Mansur could not be immediately reached for a comment.