According to Azernews, an agreement on mutual understanding and cooperation has been signed by the Azerbaijani National Confederation of Organizations of Entrepreneurs (Employers) (ASK) and the Serbian Chamber of Commerce and Industry.
The agreement is aimed at expansion of the prospects for cooperation with business circles operating in Serbia and increase of the export-import potential of business entities and investments in both countries.
Joint business missions of the ASK and the Chamber of Commerce, exhibitions and business forums, joint implementation of projects, as well as the study of best practices through the exchange of information and specialists are planned to be conducted according to the agreement.
As it is reported on the website of ASK, cooperation with business support organizations existing in other countries continues to be expanded in order to increase the export and investment potential of Azerbaijan, as well as to expand economic ties in accordance with the ASK’s priorities for external relations.
Cooperation between Azerbaijan and Serbia takes place in a variety of economic sectors. The countries signed Azerbaijan-Serbia Declaration on Strategic Partnership in 2013 and the Joint Action Plan on Strategic Partnership in 2018. The groundwork for developing relations was created by these documents.
The amount of the trade turnover between Azerbaijan and Serbia reached $10.3 million in January-November 2022.
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