Indonesia and Serbia have pledged to enhance their bilateral cooperation in critical sectors such as trade, industrial development, food and energy security, and emerging technologies. This commitment was made during the fifth Bilateral Consultation Forum held in Jakarta, marking a significant step in strengthening ties between the two nations.
The discussions, held in the Indonesian capital, also focused on exploring cooperation in mineral exploration, nickel processing, and electric vehicle supply chains. Both countries expressed interest in tapping into opportunities in artificial intelligence, data centers, semiconductors, and digital transformation, highlighting their shared vision for technological advancement.
Bilateral trade between Indonesia and Serbia has seen a notable increase, growing at an average rate of 20.62% annually from 2021 to 2025, with trade volume reaching $53.6 million in 2025. To build on this momentum, the two sides agreed to consider a potential free trade agreement and the establishment of a joint economic commission aimed at expanding trade and improving access to Central and Eastern European markets.
In addition to trade and technology, the forum covered investment opportunities, industrial production, and employment cooperation. Indonesia and Serbia also agreed to explore government-to-government arrangements to enhance the legal protection of Indonesian migrant workers in Serbia, demonstrating a commitment to safeguarding labor rights.
Both nations reaffirmed their dedication to upholding sovereignty and territorial integrity. Looking ahead, they have agreed to hold the sixth Bilateral Consultation Forum in Serbia, with the date yet to be announced. This ongoing dialogue underscores the importance of their partnership in addressing shared challenges and fostering mutual growth.