Political relations
Relations between the Republic of Serbia and the Republic of Korea are on an upward trajectory, with both sides committed to intensifying high-level political dialogue and enhancing cooperation in a wide range of areas, particularly in the fields of economy and investment.
President of the Republic of Serbia Aleksandar Vučić met with President of the Republic of Korea Yoon Suk Yeol on the sidelines of the World Economic Forum in Davos in January 2023.
President of the Republic of Serbia Aleksandar Vučić participated virtually in the Third Summit for Democracy, held in Seoul in March 2024.
Maja Gojković, then Speaker of the National Assembly of the Republic of Serbia, visited the Republic of Korea in December 2019.
A delegation of the National Assembly of the Republic of Korea, headed by its Speaker, Moon Hee-sang, visited the Republic of Serbia in October 2019. In addition to participating in the 141st Assembly of the Inter-Parliamentary Union, the visit included an official bilateral visit by the Speaker of the Korean National Assembly to the Republic of Serbia.
Ana Brnabić, then Prime Minister of the Republic of Serbia, visited the Republic of Korea in September 2023.
Kang Kyung-wha, then Minister of Foreign Affairs of the Republic of Korea, paid an official visit to the Republic of Serbia in June 2019.
Yeo Han-koo, then Minister of Trade, Industry and Resources of the Republic of Korea, visited Belgrade on 5 June 2026 to conclude negotiations on the Comprehensive Economic Partnership Agreement.
Economic relations
According to the data of the Statistical Office of the Republic of Serbia, total trade in goods with the Republic of Korea in 2025 amounted to EUR 332.3 million, of which exports from the Serbia accounted for EUR 88.8 million, while imports amounted to EUR 243.5 million.
Cooperation between the Republic of Serbia and the Republic of Korea in the field of investments has been on an upward trend in recent years.
The Korean Trade-Investment Promotion Agency (KOTRA) opened a representative office in Belgrade in December 2015.
The most significant Korean investment in the Republic of Serbia is the investment of the company YURA, which has opened four factories in Serbia (Rača Kragujevačka, Leskovac and two factories in Niš).
The company LS Group opened a factory for the production of cable installations in Zrenjanin in November 2018.
In Smederevska Palanka in May 2020, the cornerstone was laid for the construction of the production plant of the company Kyungshin Cable, for the production of parts for traditional cars, as well as components for electric batteries of high-tech cars.
Bilateral agreements
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Agreement on the Establishment of Diplomatic Relations between the Socialist Federal Republic of Yugoslavia and the Republic of Korea, signed on 3 January 1990.
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Agreement between the Council of Ministers of Serbia and Montenegro and the Government of the Republic of Korea on cooperation in the field of culture, arts and education, signed on 16 May 2006 (The Official Gazette of the Republic of Serbia, International Treaties No.38/9).
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Agreement between the Republic of Serbia and the Republic of Korea on the avoidance of double taxation in relation to income taxes, signed on 22 January 2016 (The Official Gazette of the Republic of Serbia, International Treaties No.4/16).
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Agreement on air traffic between the Government of the Republic of Serbia and the Government of the Republic of Korea, signed on 16 March 2016 (The Official Gazette of the Republic of Serbia, International Treaties No.6/16).
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Bilateral Investment Treaty, signed in 2023.
Contact information
The Embassy of the Republic of Serbia in Seoul: https://seoul.mfa.gov.rs.
The Embassy of the Republic of Korea in Belgrade: http://www.overseas.mofa.go.kr-sr/index.do.
Ministry of Foreign Affairs of the Republic of Serbia: tel. 00 381 (0) 11 30 68 585; e-mail: mfa@mfa.rs.