Serbia in the Economic Strategy of the Russian Empire in Late XIX - Early XX Century

Abstract

The author identifies the role of the economic factor as an integral part of the broad Russian-Austrian rivalry in the Balkans, as well as its role in the implementation of the global political strat-egy of St. Petersburg ruling circles. The source base is the materials from the Archive of Foreign Policy of the Russian Empire. The article analyzes the plans of the Russian Empire for economic penetration into the Serbian markets in the late XIX - early XX century, as part of the global political strategy of St. Petersburg ruling circles to strengthen their influence in the region. Particular attention is paid to the activities of the Russian Danube Shipping Company, since its development at the end of the XIX - beginning of the XX century allowed the Russian Empire to gain a foothold in the oil markets not only of the Balkan countries, but also of Austria-Hungary and Germany. Its strategic role increased significantly after the coup of 1903, when big Russian capital began to penetrate into Serbia; it was connected with Belgrade’s interest in military supplies from the Russian Empire. The author comes to the conclusions that Russian diplomacy did not always correctly use its capabilities to strengthen its influence in the country. The Russian Empire products failed to gain absolute dominance on the Serbian market. However, obtaining a monopoly on the sale of kerosene in Serbia, despite the general unprofitability of the Russian Danube Shipping Company, provided St. Petersburg with important strategic presence in the Balkan region, being a serious argument in the political confrontation with the Austro-Hungarian Empire, which was especially evident during the First World War.

Keywords

• russian-serbian relations
• black sea-danube shipping company
• milan obrenovic
• m.a. poggio
• n. pasic
• foreign trade of the russian empire