Kazakhstan and Serbia are moving toward a new phase of economic cooperation — and this time, the focus is not just on diplomacy, but on real money, real projects, and direct business ties, DKNews.kz reports.
Kazakhstan’s Deputy Prime Minister and Minister of National Economy Serik Zhumangarin held talks with Serbia’s Minister for the Development of International Economic Cooperation Nenad Popović, confirming that relations between the two countries are not only stable, but gaining momentum.
Trade Is Growing — and the Numbers Prove It
According to official figures, bilateral trade between Kazakhstan and Serbia reached $107.7 million in 2025, marking a 7.6% increase compared to the previous year. While the volume may not yet be massive, the steady upward trend signals something more important: long-term mutual interest.
For Kazakhstan, Serbia plays a strategic role as a key partner in the Balkans and Southeast Europe, offering access to European markets. For Serbia, Kazakhstan is an important gateway to Central Asia’s growing economy.
Direct Flights Changed the Game
One of the most practical developments strengthening ties came in November 2025, when a direct flight between Astana and Belgrade was launched. Operated by Kazakhstan’s airline SCAT, the route significantly simplified travel for businesspeople, investors, and tourists.
In modern economic diplomacy, connectivity matters. Faster travel means faster deals — and both sides clearly understand this.
Business Mission and a New Roadmap
Looking ahead, Kazakhstan plans to organize a trade and economic mission to Serbia, aimed at connecting entrepreneurs directly — without unnecessary intermediaries. The idea is simple: let businesses talk to businesses.
At the same time, officials discussed the preparation of a joint Roadmap for 2026–2027, which would focus on practical cooperation rather than formal declarations. This document is expected to outline priority sectors, investment opportunities, and concrete steps for expanding trade.
Investment Projects on the Table
One of the most notable topics of the meeting was investment cooperation, including plans to build a multifunctional hotel complex in Belgrade with the participation of Kazakh investors. Projects like this signal growing trust and confidence between the two countries’ business communities.
What This Means Going Forward
Both sides emphasized their commitment to deepening the partnership and maintaining a structured, ongoing dialogue focused on results. The message from the meeting was clear: Kazakhstan and Serbia are not just exchanging polite statements — they are building an economic bridge.
As trade grows, flights connect capitals, and investments move from plans to reality, cooperation between Astana and Belgrade is quietly becoming one of the more interesting partnerships linking Central Asia and Southeast Europe.
And judging by the current pace, this is only the beginning.

