Political Relations
Our country sees Serbia as an important country for the stability of the
region and supports its integration with the EU.
Our bilateral relations with Serbia are progressing positively, mutual
high-level visits are organized, the contractual ground is strengthened and
commercial and economic relations are developing with a strong momentum.
Türkiye Serbia High-level Cooperation Council was established in 2017 and 3
meetings have been held so far. The last meeting was in Ankara on 18
January 2022.
H.E. Mr. Mevlüt Çavuşoğlu, Minister of Foreign Affairs of the Republic of
Türkiye visited Serbia on 15-16 June 2022 within the scope of the Balkan
tour, and “Agreement on Combatting the Illegal Traffic of Cultural
Properties” was signed on the margins of his visit.
Minister Çavuşoğlu also visited Serbia to attend the Open Balkan Initiative
Summit held in Belgrad on 2 September 2022.
H.E. Recep Tayyip Erdoğan, President of the Republic of Türkiye visited
Serbia between 6-7 September 2022 within the framework of the Balkan tour.
Within the margins of his visit, Türkiye-Serbia Business Forum was
organized and 7 agreements were signed in the areas of travel with identity
cards, reciprocal promotion and protection of investments, fight against
forest fires, advanced technologies, digital government,
media-communication, radio-television.
Serbian First Deputy Prime Minister and Minister of Foreign Affairs Ivica
Dačić paid an official visit to Ankara on 26 January 2023 upon the
invitation of Minister Çavuşoğlu.
Economic Relations
Bilateral Trade
(million USD)
|
2020
|
2021
|
2022
|
Our exports
|
1.018
|
1.485
|
1.774
|
Our imports
|
432,3
|
448,7
|
573
|
Trade volume
|
1.450
|
1.934
|
2.347
|
Balance
|
+585,7
|
+1.036
|
+1.201
|
Our medium-term target is 5 billion dollars in our bilateral trade volume.
Our country currently ranks fifth after Germany, China, Italy, and Russia
among the countries that Serbia imports the most.
The total value of our investments in Serbia has increased from $1 million
to $400 million in the last decade. Serbias’s investments in our country
are around 41 million dollars.
In recent years, there has been an increase in the activities of our
contracting companies. Our companies operating in this field have a
business volume of approximately 923 million dollars with 57 projects.