News ID: 213873
Published: 0923 GMT April 24, 2018

Iran, Serbia taking giant steps to enhance economic cooperation

Iran, Serbia taking giant steps to enhance economic cooperation

Cooperation and relations between Iran and Serbia have been constantly expanding in tourism, trade and economic sectors, particularly following the introduction of a visa free travel regime between the two countries in 2017.

Serbia lifted visa requirements for Iranians in September 2. The move was reciprocated by Iran on November 1. This has helped raise the level of the two countries’ cooperation in different fields, particularly in tourism and exchange of goods.

Currently, managers of Iranian and Serbian companies can easily travel to Belgrade and Tehran, respectively, and hold talks on initiating cooperation and its method as well as forging partnership with their counterparts.

Iran's relations with Serbia are friendly and expanding. In 2017, the two countries undertook remarkable efforts to further develop and deepen ties.

Among the huge steps taken by the sides to develop mutual relations were the reestablishment of a direct flight between the two countries after 28 years, the setting up of Iran's trade as well as Serbia's trade and tourism offices in Belgrade and Tehran respectively and the holding of a joint meeting to present the two states' commercial and investment opportunities.

Following Serbia's decision to waive visa requirements for Iran’s nationals, more than 8,000 Iranian tourist traveled to the southeast European country.

Among the other moves by the two countries to further develop and strengthen mutual ties were the holding of a ceremony to commemorate the 80th anniversary of Iran-Serbia diplomatic relations and carrying out high level exchanges between the two governments an instance of which was the trip by Iran's Minister of Foreign Affairs Mohammad Javad Zarif to Belgrade in late February. He visited Serbia at the head of a politico-economic delegation.

At present, the level of political and economic relations between Iran and Serbia are favorable. The Serbian and Iranian embassies in Tehran and Belgrade are doing their best to boost trade ties.

Among the items traded between the two sides are paper and paperboard, glass and glassware, fertilizers, aluminum, combine harvester and rail equipment.

Situated at the crossroads of Central and Southeast Europe in the southern Pannonian Plain and the central Balkans, Serbia has had strong trade, economic and political ties with Iran since a long time ago.

Established mainly by the Iranian Embassy in Belgrade, Iran's trade center in Serbia has so far played a very significant role in enhancing the two countries' economic cooperation and helped their companies to present their capacities and activities to each other.

Supported actively by Serbian officials, the trade center has helped improve the status of Iranian traders and companies engaged in trade with Serbia.

Tourism industry, which helps the people of the two countries expand their knowledge of each other's culture, history, capacities and economic facilities, can play an important role in boosting trade between Iran and Serbia.

The introduction of a visa free travel regime and the establishment of the direct flights between the two states have led to an increase in people-to-people exchanges between Iran and Serbia. This has expanded trade and economic cooperation between the two countries.

In its role as Europe's gateway for Iran, Serbia provides the Middle Eastern nation with access to the markets of Romania, Bulgaria, Montenegro, Bosnia-Herzegovina, Macedonia, Albania and Hungary. The country has expanded trade and economic cooperation with Russia, China and European Union members.

In addition to the two states' public sectors, private companies and traders have also taken big steps to foster economic collaborations between Iran and Serbia.

Among the sectors in which two countries can cooperate are oil and gas, petrochemical, mining, communications and agriculture.

Furthermore, Iranian and Serbian officials have discussed promoting cooperation in the fields of defense, science and technology, culture, art and university related issues.

Speaking in a meeting with his Serbian counterpart in Belgrade, Ivica Dačić, Zarif underlined, "We intend to develop the two countries' relations in the fields of policy, economy and culture."

He added closer parliamentary collaboration is also on the agenda.

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