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Čadež: Osaka 2025 is a Great Business Opportunity for Serbia

Jan 29, 2024

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The world exhibition that will be held in Osaka in 2025 will be an excellent opportunity to promote Serbia as an attractive investment destination, and also a chance for Serbian companies to make business deals with Japanese partners. We will try to present ourselves in Osaka as a country of opportunities and possibilities, but also to present EXPO 2027 hosted by Belgrade, said Marko Čadež, president of the Chamber of Commerce and Industry of Serbia, at a meeting with the Japanese ambassador to Serbia, Akira Imamura.

"In June, we would like to organize a business forum in Japan, where we would present to Japanese partners our achievements in the field of innovation, digitalization, artificial intelligence, and machine learning" Čadež pointed out and added that great opportunities for cooperation also exist in the field of electric car development and transport. He outlined the great progress of the ICT sector in Serbia and that exports increased by 40 percent. The President of CCIS emphasized that Japanese investors are welcome in Serbia and that they should take advantage of all the advantages of doing business in our country.

Ambassador Imamura emphasized Japan's support for Serbia on the way to full EU membership, stressing the importance of regional cooperation in the Western Balkans. He assesses that the cooperation between the two economies and institutions is becoming more and more intense and noted that Japanese companies operating in Serbia, apart from investment and business, also transfer Japanese business culture and values. Imamura agrees with the president of the CCIS that Osaka 2025 is a great opportunity to promote the Serbian economy at the exhibition where around 28 million visitors from all over the world are expected. The ambassador welcomed the realization of the Serbian project BIO4 campus in Belgrade, adding that Japanese companies have already received an invitation to participate.

Japan is the third largest economy in the world, the fourth largest exporter, and the fifth largest importer in the world. Japan is the third-largest producer of automobiles and the second-largest producer of ships. Foreign trade exchange between the Republic of Serbia and Japan in 2022 amounted to 313.8 million dollars. According to the methodology of the National Bank of Serbia, Japan's total net investments in the Republic of Serbia in the period 2010-2022 amounted to 379.7 million euros.

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