SeeNews | 29 December 2025
Serbia, Japan sign investment promotion agreement
by Valentina Bajic
Serbia and Japan have signed an agreement for the mutual promotion and protection of investments, Japan's foreign affairs ministry said.
The document sets out provisions for the fair and equitable treatment of investments, rules on expropriation and compensation, free transfer of funds, and dispute-settlement procedures, the ministry said in a statement last week, following the signing of the agreement in Belgrade.
"Serbia, which has the largest economy among the Western Balkan countries and has maintained stable economic growth, has attracted a steady flow of investment by Japanese enterprises in recent years, owing to its highly skilled workforce as well as its advantageous geographical position in close proximity to the surrounding markets, including the European single market," the ministry noted.
More than 30 Japanese companies have established production facilities in Serbia, including Nidec, JFE Shoji, Toyo Tire, Yazaki, and Japan Tobacco International (JTI), among others. In 2024, Serbia exported 71.3 million euro ($84 million) worth of goods and services to Japan, and imported 235.2 million euro worth, according to data from Serbia's chamber of commerce.
