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Technologies at the Heart of Serbia–UK Cooperation

May 30, 2025

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“The United Kingdom is one of Serbia's most significant partners, both economically and technologically. For years, it has ranked among the top three partners in service trade, immediately after Germany and the United States,” said Mihailo Vesović, Deputy President of the Chamber of Commerce and Industry of Serbia, at the First British-Serbian Technology Conference held today at the Science and Technology Park in Novi Sad.

The conference brought together over 250 participants and more than 20 British companies from the fields of information and communication technologies, financial services, cybersecurity, and digital innovations. Discussions focused on the application of new technologies, particularly artificial intelligence in the economy, as well as opportunities to enhance cooperation between Serbia and the United Kingdom in the area of digital transformation.

Vesović emphasized that the Serbian ICT sector currently accounts for about 40% of total service trade with the UK, predominantly through software exports. Total service exports to the UK have exceeded €1.5 billion, with Serbia achieving a surplus of €386 million.

Software exports have closely approached the total goods exports of all Serbian products to the UK, which amounted to €430 million in 2024.

The importance of bilateral cooperation in the fields of technology, innovation, and education was also highlighted by Lord Ranger, Chairman of the British-Serbian Chamber of Commerce; Prof. Dr. Mihailo Jovanović, Director of the Office for IT and eGovernment; British Ambassador to Serbia Edward Ferguson; and Chris Barton, the UK’s Special Trade Envoy for Europe.

During the conference, a new professional development program from the University of Cambridge was presented, aimed at startups and innovators from Serbia.

The conference was organized in collaboration with the British-Serbian Chamber of Commerce (BSCC), the Chamber of Commerce and Industry of Serbia (CCIS), and the British Embassy in Belgrade.

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