On a notable Friday, Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, embarked on a significant working visit to the Republic of Serbia, marking yet another chapter in the deepening bilateral relations between these two nations. Upon his arrival at Nikola Tesla Airport, Sheikh Mohamed was warmly received by Serbian President Aleksandar Vučić. This visit is emblematic of the UAE’s ongoing commitment to enhancing its international partnerships, particularly in the wake of the recent implementation of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Serbia.
The CEPA, which came into effect in May 2025, represents a pivotal shift in trade dynamics. It is formulated to bolster bilateral trade and facilitate investments across a wide array of sectors by eliminating or significantly reducing tariffs on over 95% of traded goods. In addition, this historic agreement not only streamlines customs processes but also paves the way for new opportunities in services and financial investments. Notably, Serbia stands out as the first country in Central and Eastern Europe to enter into such a progressive trade agreement with the UAE. According to recent statistics, non-oil trade between these two nations reached approximately USD 57.6 million in 2023, illuminating a path that both governments are eager to expand upon.
As part of the visiting delegation, Sheikh Mohamed was accompanied by a notable entourage that included prominent figures such as Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence; Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, the Deputy Chairman of the Presidential Court for Special Affairs; and various federal ministers and senior officials. Their presence underscores the significance the UAE places on fostering a robust economic partnership with Serbia.
The UAE’s interest in Serbia is not merely recent; it has a history of involvement in large-scale projects that have significantly contributed to the Serbian economy. One of the most ambitious of these initiatives is the Belgrade Waterfront development, alongside strategic partnerships in the aviation sector. These projects, which have been bolstered by government-to-government agreements, highlight the expanding bilateral economic relations that have unfolded over the past decade.
Sheikh Mohamed’s agenda during his working visit involves in-depth discussions with President Vučić, focusing on the implementation of the CEPA and reviewing the ongoing collaborative projects. This dialogue is crucial, as both leaders aim to identify further opportunities for cooperation across vital sectors such as agriculture, food production, renewable energy, logistics, and information technology. The goal is to position both countries strategically within regional and global value chains, allowing them to harness each other’s strengths effectively.
Moreover, technical teams from both nations are expected to engage in deliberations to refine trade facilitation measures, align regulatory frameworks, and enhance investment environments. Such collaborative efforts are essential for ensuring the seamless execution of the CEPA and maximizing its potential benefits.
This visit also marks Sheikh Mohamed’s second official trip to Serbia since he assumed the presidency in 2022, reflecting his commitment to strengthening diplomatic ties and fostering economic relations. The UAE Ministry of Economy regards the CEPA with Serbia as a key component of its extensive trade diversification strategy, which encompasses similar agreements with various countries across Asia, Africa, and Europe.
Following the meeting’s conclusion, joint press statements are anticipated, where both leaders will share the progress made in their discussions and outline the avenues for future economic engagement. This event not only represents a step forward in UAE-Serbia relations but also signifies the UAE’s broader ambitions to expand its global trade network and economic influence.
In conclusion, the working visit of President Sheikh Mohamed bin Zayed Al Nahyan to Serbia is a testament to the UAE’s strategic vision for international economic partnerships. It exemplifies an evolving relationship aimed at mutual prosperity and reinforces Serbia’s growing significance within the UAE’s economic landscape.
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