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The Government of the Republic of Serbia

In the service of citizens

Promoting economic relations with Israel

Belgrade, 12 July 2023

First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic and Israeli Foreign Minister Eli Cohen assessed today that it is time for the consolidation of relations, the development of bilateral cooperation and positive agendas in many fields, from which both countries and both peoples will benefit.

In a statement to journalists after the meeting with his Israeli colleague Eli Cohen, Dacic said that maximum efforts should be made for Serbia and Israel to overcome problems and remain committed to preserving traditional friendship.

He pointed out that Serbia believes that the Israeli government's decision to recognise “Kosovo”, bearing in mind that for us it is a question of historical and national identity, caused damage to the relations between the two countries.

We constantly compared your relationship to Jerusalem and ours to Kosovo and Metohija, Dacic said, pointing out that we should devote ourselves to a “positive agenda” and reset relations, develop cooperation in other segments.

According to him, the economic cooperation is more than €100 million, but it is small in relation to the potential.

As a positive thing, he highlighted the large presence of Israeli companies and investors in Serbia.

Israel is a big investor and we want further development of our economic ties, Dacic said and stated that to that end, he and President Vucic discussed the initiation of business forms, which could also have a regional character, as well as the activation of a joint mixed committee and the appointment of a new ambassador.

According to Dacic, many other topics of common interest were discussed, such as cooperation in the fields of science, education, culture and culture of remembrance of events and places where crimes against our peoples took place.

Cohen reported that he had a fruitful meeting with Dacic, pointing out that Serbia is a friendly country and one of Israel’s strongest partners in the region.

Our countries share the values of freedom, equality and democracy. Serbia and Israel are creative countries with a willingness to put innovation at the center of their economy. We agreed to open a new chapter in our relations and promote and improve economic relations, cooperation in the fields of technology, innovation, cyber security, tourism, Cohen said.