More than 150 Turkish companies at Agrobiznis forum in Belgrade - Agreement on free trade, investments in agriculture and alignment on quotas as the main topics

Source: eKapija/Tanjug Tuesday, 22.08.2017. 15:55
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(Ahmet Esref Fakibaba and Branislav Nedimovic) The Minister of agriculture, forestry and water management Branislav Nedimovic and the minister of food, agriculture and livestock of the Republic of Turkey Ahmet Ashraf Fakibaba have signed today in Belgrade the Action Plan for Agriculture for 2017 and 2018.

The document was signed after bilateral meeting of Nedimovic and Fakibaba, organized on the eve of the Turkish-Serbian Agrobiznis Forum opening, attended by more than 150 representatives of Turkish agricultural firms, as well as sales chains, as possible purchasers of Serbian products and about 2,300 companies from Serbia.

According to Serbian ministry, the meeting comprised three topics - existing free trade agreement in the field of agriculture and possibilities of increasing foreign trade, investments in livestock, fruit and vegetable growing and new adjustment of quotas for different agricultural products for both sides. Minister Nedimovic also talked with his Turkish counterpart about export of beef and refined and raw sunflower oil from Serbia while the reasons for organization of the Turkish-Serbian Agribusiness Forum were investments in the food industry.

- Serbia is open for investments from Turkey, because we need investments in food and agriculture industry - Minister Nedimovic pointed out.


He outlined Serbia can , in logistics sense, serve as a platform for Turkey for EU and Russia, while Turkey is a pass for Serbia to Asia and the Middle East.

Answering journalists' questions, Nedimovic said that after eight years from the beginning of the implementation of free trade agreement between Serbia and Turkey, this agreement proved to be very useful, since trade between two countries in agricultural sector has increased almost five times.


Minister Fakibaba said Serbian investors are welcome to that country.

Foreign trade

The visit of the new Turkish Minister of Agriculture to Serbia is his first official visit abroad, which is estimated as an additional symbol of strong relations between the two countries.

(Photo: Nevena Cukućan)
Turkey is 7th in total Serbian imports, and takes 17th position when it comes to export of Serbian products.


In the first six months last year, total foreign trade with Turkey totaled EUR 414.4 million. Total exports in that period totaled EUR 118.4 m, while total imports amounted to EUR 296 m.

Serbia is mainly exporting to Turkey cigarettes, food for dogs and cats, starch, dairy products, plums, vegetable products for brooms, corn, feathers and filling materials, frozen vegetables, sunflower seeds, fodder seed.

From Turkey, we mainly import lemons, cigarettes, tobacco, tomatoes, grapefruit, hazelnuts, mandarins, gum bombs, jelly products, orange peel, edible fruit seedlings.

Turkish investors are interested in investing in textile, construction and automotive industries

There is a large number of potential Turkish businessmen who are interested in investing in greenfield and brownfield investments in Serbia, but it is necessary to redefine overall economic relations with Turkey, the President of the Turkish-Serbian Business Council, Aleksandar Mededovic, said.

- Turkish businessmen from textile, construction and automotive industry are interested in opening facilities in Serbia – Međedovic said at the Agricultural Forum Serbia-Turkey in Belgrade.

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