On Cooperation in the field of Economic Diplomacy

08.09.2026

Memorandum of understanding

between The Ministry of Foreign Affairs of the Republic of Uzbekistan and The Ministry of Foreign Affairs of the Republic of Serbia

The Ministry of Foreign Affairs of the Republic of Uzbekistan and the Ministry of Foreign Affairs of the Republic of Serbia, referred to below as the “Participants”,

Wishing to build on the friendly relations between their two countries and to turn political goodwill into practical economic results,

Recognising that their foreign services, through their missions abroad, can do much to promote trade, investment and business contacts,

Have reached the following understanding.

Paragraph 1 Purpose

The Participants intend to work together to promote trade, investment and business cooperation between the Republic of Uzbekistan and the Republic of Serbia, and to strengthen the economic work of their foreign services.

Paragraph 2 Areas of cooperation

The Participants intend to cooperate in particular in:

exchanging information on the economy, investment climate and business opportunities of their countries;

promoting trade, investment, transport and tourism links;

supporting business forums, exhibitions, trade fairs and business missions;

supporting companies of one country in finding partners in the other;

training and exchange of experience between diplomats working on economic matters;

any other area the Participants may agree.

Paragraph 3 Working arrangements

3.1. Each Participant will name a contact person in its Ministry, and will inform the other Participant of that person through diplomatic channels.

3.2. The contact persons will keep in direct working contact and will help each other with enquiries of an economic or commercial nature.

3.3. The Participants intend to hold consultations on economic diplomacy once a year, alternately in Tashkent and in Belgrade, or by videoconference. At these consultations they may agree a short plan of joint activities for the following year.

Paragraph 4 Information

4.1. Information passed under this Memorandum and marked as restricted will not be passed to any third party without the written consent of the Participant that provided it.

4.2. Neither Participant is expected to provide information if this would be contrary to its national law.

Paragraph 5 Costs

Activities under this Memorandum depend on the funds available to each Participant. This Memorandum does not create any financial commitment.

Paragraph 6 Status of this Memorandum

6.1. This Memorandum records the intentions of the Participants only. It is not an international treaty and does not create any rights or obligations under international or national law.

6.2. This Memorandum does not affect the rights and obligations of the Republic of Uzbekistan and the Republic of Serbia under other international agreements.

Paragraph 7 Settlement of Disputes

Any disputes over this Memorandum will be settled by consultation between the Participants and will not be referred to any court, tribunal or third party.

Paragraph 8 Effect, changes and discontinuance

8.1. This Memorandum will come into effect on the date of signature and will remain in effect for five years. It will then be extended automatically for further periods of five years.

8.2. It may be changed at any time by written consent of both Participants.

8.3. Either Participant may discontinue this Memorandum by written notice to the other through diplomatic channels. Discontinuance will take effect six months after the notice is received.

Signed at Belgrade, on 8 September 2026, in two copies, each in the Uzbek, Serbian and English languages. In case of any difference of interpretation, the Participants will refer to the English text.

(signatures)