Economic and trade cooperation is in focus of Egypt-Serbia talks

A meeting between Egyptian Prime Minister Moustafa Madbouly and his Serbian counterpart Djuro Macut during a joint press conference on Tuesday, June 17, 2025, at the government premises in the New Administrative Capital.
According to Madbouly, they have convened a constructive bilateral session in a spirit of mutual understanding and openness and discussed an array of high-priority matters pertaining to bilateral cooperation, as well as prevailing regional challenges.
As he noted, enhancing economic and trade relations, particularly in light of the Free Trade Agreement signed during the Serbian president’s visit to Cairo in July 2024 and subsequently ratified by the parliaments of the two countries, was in the center of the discussions.
The Minister also described the Egyptian-Serbian Business Forum as a valuable platform to encourage both countries’ business communities to expand collaboration across diverse sectors, such as agriculture and food security.
The Minister also highlighted Serbia’s considerable potential in agricultural production and agro-industrial processing and the importance of enhancing bilateral exports in this vital domain.
Then, Madbouly noted a wide range of investment opportunities that Egypt offers, particularly within the Suez Canal Economic Zone, trying to attract Serbian companies to invest in the country.
Another step to boost tourism and cultural cooperation between Egypt and Serbia will be expanding flights via Air Serbia, EgyptAir, and Air Cairo, following a recent visit by Egypt’s tourism minister to Belgrade.
Also, Madbouly reiterated both countries’ support for peaceful solutions in the Middle East, respect for sovereignty, and an immediate ceasefire in ongoing regional conflicts after extended talks with his Serbian counterpart. He also warned the international society against further escalation risks broader violence and regional collapse.
The Minister also called for a two-state solution based on the establishment of a Palestinian state on the 1967 borders with East Jerusalem as the capital, reaffirming Egypt’s position on the Palestinian issue. Notably, Madbouly appreciated Serbia’s recent UN vote supporting full Palestinian membership.
When talking about developments in the Western Balkans, Egypt expressed full support for Serbia’s territorial integrity and its participation in the Open Balkan initiative. As further coordination in international forums was accepted by both sides, Madbouly thanked Serbia for backing Egypt’s candidate for the post of UNESCO director-general.
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