Bilateral relations between the Republic of Serbia and the Czech Republic are based on a traditional friendship, characterised by developed cooperation in various fields, as well as intensive and continuous political dialogue at all levels.
The Prime Minister of the Czech Republic A. Babiš visited Serbia on 10 February 2021. The former Minister of Foreign Affairs of the Czech Republic Tomaš Petriček visited Serbia on 30 March 2021. The President of the Czech Republic, Miloš Zeman, visited Serbia in September 2019. The President of the Chamber of Deputies of the Parliament of the Czech Republic, Radek Vondráček, visited Serbia in October 2019. The Prime Minister of the Republic of Serbia, Ana Brnabić, visited the Czech Republic in December 2018. The then First Deputy Prime Minister and Minister of Foreign Affairs, Ivica Dačić, visited the Czech Republic in April 2019.
Throughout history, the two countries have had strong cultural, political and trading ties. Relations between Serbia and the Czech Lands date back to the Middle Ages, and intensified in the 19th century, especially with the Czech National Revival. In the interwar period, Yugoslavia was a key ally of Czechoslovakia, through the Little Entente and intensive economic and cultural relations. The value of Serbian-Czech understanding was especially evident in the events in Czechia in 1948 and 1968.
There is mutual interest in and space for the improvement of economic cooperation.
In 2020, the total volume of foreign trade amounted to 1,2 billion euros, of which domestic exports were 635,2 million euros, and imports 526,5 million euros. In 2019, the total volume of foreign trade reached the value of 1.18 billion euros, of which domestic exports were 582.2 million euros, and imports 602.9 million euros.
According to the data from the NBS, the state of foreign direct investments from the Czech Republic to the Republic of Serbia from 2010. up to the third quarter of 2020. amounted to 227.8 million euros.
Company Avia Prime bought Jat Tehnika for 10.3 million euros in 2019. MD Investments 2000 bought 4 hectares of building land at Marina Dorćol in Belgrade (the value of the investment is 3.8 billion dinars). Mattoni 1873 and PepsiCo Inc. bought Serbian company Knjaz Miloš in 2019. The Czech PPF Group bought Telenor in the Republic of Serbia (telecommunications and banking) in 2018. In addition, the companies of this mobile operator in Hungary, Bulgaria and Montenegro were also taken over, and the contract on the sale of Telenor’s business in the SEE region is worth 2.8 billion euros.
There are 65 bilateral agreements in force, some of which are as follows:
- Agreement between the Council of Ministers of Serbia and Montenegro and the Government of the Czech Republic on the Avoidance of Double Taxation with Respect to Taxes on Income and on Capital (11 November 2004; The Official Gazette of Serbia and Montenegro No. 3/05),
- Agreement on Economic Cooperation between the Council of Ministers of Serbia and Montenegro and the Government of the Czech Republic (20 July 2005; The Official Gazette of Serbia and Montenegro No. 10/2005),
- Agreement between the Government of the Republic of Serbia and the Government of the Czech Republic to the Agreement between the Federal Government of the Federal Republic of Yugoslavia and the Government of the Czech Republic on Mutual Promotion and Protection of Investments (4 June 2010; The Official Gazette of the Republic of Serbia – International Treaties No. 10/10),
- Agreement between the Government of the Republic of Serbia and the Government of the Czech Republic on the Settlement of the Debt of the Republic of Serbia towards the Czech Republic (10 December 2018; The Official Gazette of the Republic of Serbia – International Treaties No. 5/19),
- Defence Cooperation Agreement between the Government of the Republic of Serbia and the Government of the Czech Republic (11 September 2019).
The Embassy of the Republic of Serbia in Prague (the Czech Republic): www.prague.mfa.gov.rs.
The Embassy of the Czech Republic in Belgrade (Serbia): https://www.mzv.cz/belgrade/sr/index.html.
The Ministry of Foreign Affairs of the Republic of Serbia – Department for Europe: tel. 00 381 (0) 11 30 68 326, e-mail: firstname.lastname@example.org.