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Through this, NIS has become the first company in Serbia to enter into strategic cooperation agreements with these two higher educational establishments in the Russian Federation. NIS has also signed agreements with universities in Belgrade and Novi Sad, thus continuing its strong long-term successful cooperation with these two leading state universities. Kirill Turdenev, CEO of NIS, signed the agreements on behalf of the company. The memorandums were signed as part of Russian Federation President Vladimir Putin’s official state visit to Serbia. In addition to these agreements, memorandums between Russian and Serbian universities were also signed. The University of Novi Sad has established cooperation with Gubkin Russian State University of Oil and Gas, while the University in Belgrade signed a memorandum with St. Petersburg Mining University. Agreements were signed on behalf of the Russian universities by Viktor Georgievich Martynov, Chancellor of Gubkin Russian State University of Oil and Gas and Natalia Vladimirovna Pashkevich, the First Pro-Chancellor of St. Petersburg Mining University. The memorandums establish strategic cooperation in the fields of education, development of scientific research and knowledge exchange. Among other things, they arrange for the exchange of students across all study levels, professors, experts and scientists, the implementation of vocational skill upgrade programmes, and joint research projects. Furthermore, they provide for lectures being given by Russian professors and experts at Serbian universities and on NIS premises, as well as for professors and NIS experts appearing as guest lecturers at Russian universities. In addition, the memorandums envisage cooperation in promoting Russian language studies in Serbia, the involvement of students from the Russian Federation in NIS young professional programmes, and NIS scholarships for Serbian students to study at the two Russian universities and also local academic institutions. During their stay in Serbia, the representatives of the Russian universities, led by Chancellor of Gubkin Russian State University of Oil and Gas Viktor Georgievich Martynov and First Pro-Chancellor of St. Petersburg Mining University Natalia Vladimirovna Pashkevich, visited the city of Novi Sad, where they held talks with the Chancellor of the University of Novi Sad, Dejan Jakšić, and City mayor Miloš Vučević. In Belgrade, the Russian delegation met with Mladen Šarčević, Minister of Education, Science and Technological Development, as well as with Chancellor of the University in Belgrade, Ivanka Popović. These meetings were also attended by NIS representatives, as a result of the fact that the company has nurtured long-term cooperations with local and foreign higher educational establishments and science institutions, the Ministry of Education, Science and Technological Development of the Republic of Serbia, as well as with Novi Sad’s local authorities.