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Tuesday, March 31, 2020

Trade surges between Turkey, Serbia since accord

Serbian Deputy Prime Minister Rasim Ljajic said Serbia has become an attractive country to foreign investors.

The Turkish American Chamber of Commerce said on Thursday that trade between Turkey and Serbia has increased significantly over the past four years.

During an economic conference between the two countries, Adnan Yildirim, Turkey's assistant minister of economy, said that since 2010, trade has reached approximately $800 million. He said the nation would like that number to  reach $1 billion in 2015.

"Our goal and direction are much deeper and broader economic cooperation between Turkey and Serbia in the next three years, and greater participation in the world economy," Yildirim said. "In the coming period, trade exchange between Turkey and Serbia will reach a much higher level."

In 2010, both countries signed a free-trade agreement that had paved the way for the growth in trade between both countries. 

Rasim Ljajic, Serbia's deputy prime minister, said there was growing interest in investing in Serbia due to measures that have improved the economic and commercial climate there.

Organizations in this Story

Turkish American Chamber of Commerce & Industry

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