Serbia-Turkey Business Forum

CorD Recommends

Vladimir Spasić, Dell Account Executive

E-services Ease Our Lives

As one of the leaders of the...

Gorana Rašić, Chief Financial Officer Generali Osiguranje Srbija

Leaders of Innovation

Generali is renowned for innovation and the...

Eurobank Direktna

Clients’ Digital Security is Vital

In today’s digital world, when ever more...

Aleksandar Cvetković, Head of OneCloud in Eviden Srbija.

Focused on the Future

With the long history of successful IT...

Serbia Acquires Historic WWII Directive Ordering Attack on Yugoslavia

The Government of the Republic of Serbia announced that, following its recent acquisition of a piece by Paja Jovanović...

Belgrade Hosts International Energy and Environmental Fairs

At the Belgrade Fair, the 18th International Energy Fair and the 19th International Environmental Protection Fair have been opened,...

French Week Celebrated with New Beaujolais and French Ile de France Cheeses

Another celebration of French Week, a now traditional event, was kicked off with a grand welcoming of the new...

Milan Radulović Awarded French Order of Arts and Letters

Milan Radulović, the director of the Music Youth of Novi Sad and the Novi Sad Music Festivities, has been...

Swedish High-Tech Electric Ferry Sets New Public Transport Standard

Cities worldwide view clean and efficient public transportation as a key strategy for reducing carbon emissions.  For cities with...

Opening the Serbia-Turkey Business Forum, attended by Turkish President Recep Tayyip Erdoğan, President Aleksandar Vučić invited Turkish investors to invest in Serbia and Serbian businesses to invest in Turkey.

Vučić emphasized that it is possible to achieve stronger cooperation in the field of defence technologies, but also of innovative technologies, artificial intelligence and robotics.

He expressed his gratitude to the Turkish side for their friendship and for experiencing Serbia in a positive way, because investors from that country opened factories in geographically different places throughout Serbia.

The key to a good relationship between our countries is that there is an understanding between the two leaders, Vučić said, pointing out that in 2017, President Recep Tayyip Erdoğan brought major changes to our country and region.

Turkish President Erdoğan pointed out that the two countries have a strong intent to improve their relations and expand cooperation in more areas, and said that Turkish businesses have great opportunities for investment in Serbia. He added it is mostly due to the country’s location in the centre of the Balkans, as well as its good business environment.

Erdogan Serbia Turkey business forum 2019

According to Erdoğan, the short-term goal is for the trade between the two countries to reach two billion dollars, and in the long-term to increase the figure to five billion.

Turkey’s president recalled that trade has increased by 200 per cent since 2010 when the Free Trade Agreement was signed.

In 2018, a record high, trade reached $ 1.2 billion, and $ 890 million in the first eight months of 2019, Erdoğan specified.

The free trade agreement of 2010 was revised last year and entered into force in June, he said.  President Erdoğan expressed hope that in addition to the exchange of goods, there will be an increase in exchange in the sectors of agriculture, telecommunications, finance, transport and e-commerce.

Erdoğan stressed that Serbia and Turkey nourish friendly relations. He stressed that Serbia is a key country for peace and stability in the region.

Turkey Serbia Business Forum 2019

He said that Turkey and Serbia have shared vision which represents a great opportunity for the region and urged businessmen from both countries to continue to strengthen the economic dimension of relations together.

According to him, Turkish companies employ 8,000 people in Serbia, and the amount of investment last year was $ 200 million.

The Turkish president expressed his expectation that progress will be recorded in construction cooperation, where Turkish builders will transfer their wealth of experience to Serbia and get involved in infrastructure projects.

Erdoğan stressed that tourism is one of the most promising areas for co-operation, citing the fact that the number of Serbian tourists in Turkey increased by 53 per cent, or 225,000 last year, while 97,000 Turkish tourists stayed in Serbia in the same period.

Related Articles

Belgrade Wine, Food and Tourism Expo: Wine Vision of Open Balkans

Belgrade has proudly inaugurated the second edition of the "Wine Vision of the Open Balkans" expo, a prestigious event in wine, food, and tourism,...

France-Serbia Trade Flourishes: Ambassador Cochard Cites Near Two Billion Euro Exchange

Ambassador Pierre Cochard has highlighted the strength of the economic ties between France and Serbia, with trade nearing two billion euros. This statement was...

Turkey’s Erdogan Approves Sweden’s Bid for NATO Membership

President of Turkey, Recep Tayyip Erdogan, has presented a bill to the Turkish Parliament for ratification, endorsing Sweden's application to join the North Atlantic...

Serbia and China Sign Free Trade Agreement

Serbia and China have formalised their economic ties in Beijing by signing four pivotal documents, the most notable being the Free Trade Agreement. This...

Eleven Serbian Tech Firms Showcase at the World’s Largest Tech Fair

Eleven Serbian companies from the ICT sector are presenting their product offerings at the world's premier tech expo, "Gitex Global 2023" in Dubai, as...

Record Number of Serbian Companies at World’s Largest Food Industry Fair

At this year's ANUGA, the premier global food industry trade show held in Cologne, a record 36 Serbian firms are showcasing their products, as...

Marko Čadež, President Of The Chamber Of Commerce & Industry Of Serbia

Many Reasons For Optimism

In 2023 and 2024, room has opened up to significantly improve economic cooperation with Germany and break existing records. The Chamber of Commerce &...

Open Balkan Wines Showcased in Vienna

The Serbian Chamber of Commerce President, Marko Čadež, unveiled the regional wine fair, 'Wine vision by open Balkan', in Vienna, featuring wines from Serbia,...