Republic of Serbia and Romania have an intensive bilateral political dialogue, based on a long tradition of diplomatic relations between the two countries. Back in 1836, the Principality of Serbia opened its first diplomatic mission, called the Princely-Serbian Diplomatic Agency, in Bucharest. In addition, the Alliance Agreement between Republic of Serbia and Romania, concluded in early 1868, is one of the first international bilateral agreements concluded by modern Serbia. The Republic of Serbia was visited in 2018 by the then Minister of Foreign Affairs of Romania, Teodor Melescanu. President of the Republic of Serbia, Aleksandar Vučić made an official visit to Romania in 2018.
Economic cooperation between the Republic of Serbia and Romania is mostly based on commodity trade, which recorded a continuous increase until the outbreak of the coronavirus pandemic. In terms of total exchange, Romania ranks seventh on the list of foreign trade partners of the Republic of Serbia.
In 2020, the total commodity trade reached a value of 1.83 billion euros, of which our exports amount to 1.11 billion euros, which is an increase of 8.05% compared to 2019, and imports to 720.1 million euros, which is 1.23% less compared to 2019. In 2019, the total commodity trade between the Republic of Serbia and Romania exceeded 1.75 billion euros, of which our exports amounted to 1.026 billion euros, and imports amounted to 729.09 million euros.
The volume of total investments of Romania in the Republic of Serbia in the past was of a more modest scope, and, according to the data from the NBS, in the period from 2010 to 2019, total net investments amounted to 102.6 million euros.
Republic of Serbia and Romania have signed 130 bilateral agreements, and we highlight the following:
Trade Agreement between the FPRY and the Romanian People's Republic, signed on 27 October 1956
Consular Convention between the SFRY and SR Romania, signed on 24 January 1974
Treaty of Friendship, Good-Neighbourliness and Cooperation between the Federal Republic of Yugoslavia and Romania, signed on 16 May 1996
Agreement between the Federal Government of the FRY and the Government of Romania on Cooperation in the Field of National Minority Protection, signed on 4 November 2002
Agreement between the Government of the Republic of Serbia and the Government of Romania on Cooperation in Combating Organized Crime, International Illicit Trafficking in Narcotic Drugs and International Terrorism, signed on 5 July 2007
Embassy of the Republic of Serbia in Bucharest http://www.bucharest.mfa.gov.rs
Embassy of Romania in Belgrade https://belgrad.mae.ro/
Department for Neighbouring Countries and SEE, tel. 00 381 (0) 11 30 68 280, e-mail: email@example.com