qazinform.com<https://qazinform.com/news/astanas-balcan-vector-what-to-expect-from-president-vuis-visit-30bcac>
Astana's Balkan vector - What to expect from President Vučić's visit
Yerzhan Zhanibekov Автор
10–13 minutes
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Mutually beneficial partnership

Diplomatic relations between Kazakhstan and Serbia were established on December 
10, 1996. During this time, the heads of state have carried out six visits at 
the highest level, which made it possible to bring bilateral interaction to the 
level of a pragmatic partnership with stable political trust and growing 
economic dynamics. An important milestone was the official visit of President 
Kassym-Jomart Tokayev to Belgrade on November 19, 2024, following which 
decisions were adopted on further deepening interaction between the two 
countries.

Senior expert of the Institute of Foreign Policy Studies under the Ministry of 
Foreign Affairs of the Republic of Kazakhstan Valery Sitenko believes that 
Aleksandar Vučić’s visit to Astana will become a continuation of the strategic 
dialogue between the two countries and the mutually beneficial partnership that 
already counts a thirty-year history. The goal of the upcoming visit is to give 
a new impetus to its further development.

According to the data of the Ministry of Trade and Integration of the Republic 
of Kazakhstan, in 2025 trade turnover between Kazakhstan and Serbia reached 
$107.7 million, increasing by 7.6%. Kazakhstan’s exports grew by 80.4% to $28.6 
million, imports from Serbia amounted to $79.1 million, a decrease of 6.1%.

The Ministry of Trade notes that Kazakhstan’s exports demonstrated the highest 
growth for the entire observation period. The main share, 71% or $20.3 million, 
consists of mineral fertilizers. At the same time, the nomenclature of supplies 
is expanding: packaging materials, cotton wool, equipment and natural gas are 
appearing.

At the same time, growth is observed in the import of certain categories of 
goods, including medicines, aluminum plates, sheets and strips, as well as 
paper, cardboard and cotton wool from cellulose fibers. Overall, imports 
decreased by 6.1% by the end of last year, which led to a reduction in the 
negative trade balance from minus $68.3 million to minus $50.4 million.

According to Valery Sitenko, such growth reflects the beginning of a 
sustainable trend due to the significant unrealized potential of cooperation 
between the countries. The expert also emphasized that on the eve of the visit 
of the President of Serbia, meetings of relevant ministries took place, where 
projects in energy, transport, construction and agriculture were discussed.

“The reference point will be the development of a Road Map of economic projects 
for 2026–2027. Its implementation will be assisted by the intergovernmental 
commission on trade and economic cooperation: the fourth meeting took place in 
2025 in Almaty,” he said.

Earlier, Deputy Prime Minister of the Republic of Kazakhstan Serik Zhumangarin 
spoke about the prospects for trade turnover. At the meeting of the 
Kazakh-Serbian intergovernmental commission he noted that Kazakhstan is ready 
to offer Serbia more than 90 types of non-raw materials goods totaling over 
$500 million, from metallurgical and petrochemical products to mechanical 
engineering and the agro-industrial complex.

Growth potential is investment

Serbian investment presence in Kazakhstan remains limited but stable. Since 
2008, the inflow of foreign direct investment from Serbia has amounted to $17.4 
million. The country has registered 11 joint enterprises and 47 companies with 
Serbian participation, of which 37 are active.

Cooperation between the Kazakh LLP “Budan” and the Serbian institute “Zemun 
Polje” has continued for about 30 years. Today, 85% of corn plantings in 
Kazakhstan are hybrids produced within the framework of this partnership. 
Serbia also actively participates in the development of sunflower in our 
country through NS Seme.

Historically, a notable role was played by the Serbian company 
“Energoprojekt-Visokogradnja,” which participated in infrastructure projects, 
construction of metro facilities in Almaty, oil depots and engineering 
structures.

Leading expert of the Department of European and American Studies of the 
Kazakhstan Institute for Strategic Studies under the President of the Republic 
of Kazakhstan (KazISS) Ali Mukhambet notes that the investment attractiveness 
of the sides has a mutual character.

Photo credit: KazISS

“Kazakhstan is attractive as the largest economy of Central Asia with developed 
infrastructure and access to global markets. Serbia is of interest as an 
industrial and logistics hub in the Balkans that has free trade agreements both 
with the EU and with a number of other countries,” the expert says.

According to Ali Mukhambet, Kazakhstan is interested in supplies of Serbian 
processed agricultural products and medicines, Serbia is interested in 
Kazakhstan energy resources, chemical products and raw materials. Additional 
impetus can be provided by joint projects in digital technologies and 
innovation. Thus, the investment agenda is gradually shifting from episodic 
participation to the search for systemic projects.

The Middle Corridor and the Balkan vector

Under the conditions of restructuring trade routes, the Trans-Caspian 
International Transport Route, the so-called Middle Corridor, acquires a 
special role. Kazakhstan promotes Serbia’s participation as a potential 
distribution hub in the Balkans.

“Serbia is a reliable partner of Kazakhstan in Southern Europe. An important 
direction of cooperation is the development of the Trans-Caspian International 
Transport Route. It will contribute to establishing connections between the 
Central Asian and European markets,” Valery Sitenko emphasizes.

Ali Mukhambet adds that Serbia’s geographical position and developed transport 
infrastructure allow it to play “a noticeable role in diversifying Kazakhstan’s 
export routes to Europe,” especially through the Balkan region.

Belgrade’s candidate status in the EU, according to experts, opens new 
opportunities. Sitenko notes that the basis of cooperation is bilateral 
interests, and for Kazakhstan the European Union remains a key trade and 
economic partner.

Mukhambet adds that as Serbian legislation becomes harmonized with EU norms, 
the predictability of the business environment increases, which facilitates the 
entry of Kazakh companies into the European market through Serbia.

Photo credit: The Ministry of Transport of Kazakhstan

“An additional factor is the launch of direct air service Astana–Belgrade from 
November 2025, which strengthens business mobility and logistical 
connectivity,” Mukhambet said.

Multivector policy: similarity of models

Kazakhstan and Serbia build their foreign policy on the principles of 
multi-vector policy and balance. Belgrade traditionally supported Astana’s key 
international initiatives, chairmanship in the OSCE, hosting EXPO-2017 and the 
election of Kazakhstan as a non-permanent member of the UN Security Council for 
2017–2018. In turn, Kazakhstan consistently supports the territorial integrity 
of Serbia.

According to Valery Sitenko, the foreign policy approaches of Kazakhstan and 
Serbia are largely similar, both countries adhere to multi-vector policy, 
consistently defend national interests and rely on diplomacy.

“The main difference is that Serbia is oriented mainly toward the European 
vector, Kazakhstan toward the Eurasian one. These directions complement each 
other,” the expert noted.

The expert notes that both countries actively participate in the work of 
international structures, the UN, OSCE and WTO.

“The strategic interests of the two countries coincide. This is interest in 
preserving peace, territorial integrity of states and peaceful settlement of 
disputed issues. Against the background of growing conflict potential, the role 
of middle powers is increasing,” Sitenko emphasized.

It is precisely the coincidence of strategic approaches that makes the dialogue 
between Astana and Belgrade stable even under conditions of global turbulence.

A separate direction remains interparliamentary ties. In the National Assembly 
of Serbia, the country’s unicameral parliament, there operates a friendship 
group with Kazakhstan, and in the Parliament of the Republic of Kazakhstan an 
interparliamentary cooperation group with Serbia has been formed.

Trust accelerates decisions

A separate dimension of Kazakh-Serbian relations is personal communication 
between the leaders. For countries conducting multi-vector policy, stable 
personal contact often becomes a practical instrument for promoting agreements.

In 2018 Aleksandar Vučić was awarded the Kazakh order “Dostyk” I degree, a 
state award for contribution to strengthening friendship and cooperation 
between the countries. This emphasizes not only the political but also the 
personal level of trust between the heads of state.

Photo credit: Kazinform

“Good relations between leaders always contribute to the promotion of bilateral 
cooperation. In 2024, assessing the results of President Tokayev’s visit to 
Serbia, President Vučić called him his friend who made a significant 
contribution to strengthening relations with Serbia in all areas of 
interaction,” Valery Sitenko noted.

He added that in diplomatic practice such formulations are rare and indicate an 
established personal channel of communication.

“For Aleksandar Vučić, who has been in power for more than ten years and has 
built his own model of balance between the EU, Russia and China, personal trust 
in partners is an element of a pragmatic foreign policy strategy. In this 
context, the Kazakhstan direction occupies a stable place in his foreign policy 
architecture, and regular contacts at the highest level confirm the long-term 
nature of the bilateral dialogue,” the expert noted.

A sustainable trend

Kazakh-Serbian relations are moving from the stage of protocol interaction to 
the phase of structural economic partnership. Current trade turnover 
demonstrates positive dynamics, but with the declared potential of more than 
$500 million in non-raw materials exports it is obvious that these are only the 
first results of joint work.

The combination of factors, export growth of 80.4%, institutional mechanisms, 
development of the Middle Corridor, launch of direct flights and coincidence of 
foreign policy models, creates the basis for systemic expansion of interaction.

In this context, the upcoming visit of the President of Serbia to Kazakhstan is 
not the start of a new stage but a step toward consolidating an already formed 
trend. Astana and Belgrade are placing their stake on a long-term architecture 
of interaction based on pragmatism, balancing of interests and diversification 
of economic ties.

Earlier, Qazinform News Agency reported that, at the invitation of the Head of 
State Kassym-Jomart Tokayev, President of Serbia Aleksandar Vučić will 
pay<https://qazinform.com/news/serbian-president-to-visit-astana-6894f7> an 
official visit to Astana on February 26–27.

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