CELEBRATION OF MUTUAL RESPECT

Celebration of Mutual Respect AND FRIENDSHIP

For many years, excellent bilateral relations between Japan and Serbia did not lead to equally successful economic dealings. Today, however, it seems that the tide is gradually turning, with the investment of Japanese company Toyo Tires, one of the world's largest manufacturers of tyres, representing just the latest achievement. It is also a good omen during a time when the two countries are celebrating the 140th anniversary of their diplomatic relations.

At the end of 2020, Serbian President Aleksandar Western Balkan region. Vučić received the credentials of newly appointed Following the historic 2018 visit of Japanese Prime Japanese Ambassador Takahika Katsumata, who Minister Abe, many Japanese investors have come to view conveyed a message from Emperor Naruhito to Serbia as a significant regional centre for the CEFTA and the him. President Vučić returned the greetings and sent an Western Balkan areas, which has helped to deepen relations invitation for the Emperor of Japan to visit our country, between Belgrade and Tokyo in terms of economic exchange. emphasising how this would be an exceptional opportunity to Japanese companies increasingly seeing Serbia as a mark the 140th anniversary of diplomatic relations between source of highly skilled labour. Furthermore, the remarkable Belgrade and Tokyo. progress made on economic reforms and fiscal consolidation

If the situation permits, a visit of Emperor Naruhito hasn’t gone unnoticed. As a result of diplomatic efforts, as would provide an excellent opportunity to further improve well as the engagement of the Japanese Business Alliance in cooperation and the friendship between the two countries. The two countries have jointly decided to If the situation permits, a visit of Emperor Naruhito establish the year of 1882, which corresponds would provide an excellent opportunity to further with the reigns of Serbian King Milan Obrenović and Japanese Emperor Meiji, as their year of improve cooperation and the friendship between friendship. Bilateral relations between Serbia and the two countries Japan have been improving constantly for many years, both politically and economically, with interest in the Serbia, the Japanese business community is well informed Serbian market increasing among Japanese investors lately. about the conditions offered in Serbia. Japan has, for many years, been among the most significant Foreign trade with Japan has been increasing gradually contributors to Serbia in terms of technical and material over previous years, reaching a level of around 200 million donations, with that total valued at 507 million euros over euros, which may be more than during the previous period the past 20 years. but still leaves plenty of room for improvement.

Japan sees the stability of the Western Balkans not Beyond economics, there is also an opportunity for the merely as a regional and European issue, but also as a two countries to increase their cooperation even further strategic issue for Japan. In that respect, Japan has shown in the fields of science and technology, innovation and its appreciation for Serbia’s role in promoting peace and technological development, and sport. stability in the Western Balkan region, resulting in Japan And with sport in mind, we’re really looking forward to continuously supporting economic reforms in Serbia and the upcoming Olympic Games to be hosted by Japan and the country’s EU accession aspirations, while Japan also would like to wish the competing Japanese and Serbian encourages cooperation between countries within the athletes lots of success.