The third round of political consultations between the foreign ministries of Kazakhstan and Serbia took place at the Ministry of Foreign Affairs of Kazakhstan in Astana on August 11.
Deputy Foreign Minister of Kazakhstan Arman Issetov stressed that Kazakhstan considers Serbia as an important political and economic partner in Europe. He expressed Astana’s readiness to further develop and expand bilateral and multilateral cooperation.
The head of the Serbian delegation, State Secretary of the Ministry of Foreign Affairs Damjan Jović highlighted Kazakhstan as a key partner for Serbia in Central Asia and, in particular, emphasized the positive outcomes of the recent Intergovernmental Commission held in Almaty.
The parties agreed to maintain an active and productive dialogue between the Ministries of Foreign Affairs and to continue joint efforts to strengthen trade, economic and investment relations, noted the importance of holding the next meetings of the Intergovernmental Commission and the Business Council.
Trade turnover between Kazakhstan and Serbia from January to June 2025 amounted to $45.8 million (+3.85%). In 2024, trade between Kazakhstan and Serbia amounted to $100 million.
On the same day, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, and Acting Chairman of the Board of Kazakh Invest national company, Aibol Argyngazynov, held a meeting with State Secretary of the Ministry of Foreign Affairs of Serbia, Damjan Jović.
The parties discussed expanding trade, economic, and investment cooperation, as well as prospects for implementing joint projects in industry, transport, and agribusiness. Special attention was given to attracting Serbian investors to Kazakhstan’s priority economic sectors and increasing the presence of Kazakh companies in the Serbian market, creating mutual opportunities for trade growth and diversification.
Ospankulov stated: “We see significant potential for expanding cooperation in industrial cooperation, the agricultural sector, logistics, and construction. Kazakhstan is ready to offer Serbian partners competitive conditions for implementing investment projects, leveraging the opportunities of our special economic zones and the country’s advantageous geographical location. At the same time, we are confident that Kazakh companies can also bring quality products and solutions to the Serbian market, strengthening mutual economic development.”
