BELGRADE

Trade between Turkey and Serbia has more than doubled in four years to reach more than $800 million, Turkey's assistant minister of economy has said.

Adnan Yildirim said at a Turkey-Serbia economic conference in Belgrade on Wednesday that since 2010, the trade between Turkey and Serbia had doubled from its level of nearly $420 million.

He told The Anadolu Agency: "Since 2010, our trade has reached over $800 million, but we believe it is not enough and we believe that this year trade should reach a level of over one billion dollars.

"In the coming period, trade exchange between Turkey and Serbia will reach a much higher level."

- 'Growing interest'

Speaking at the one-day conference entitled: "Improving Economic Relations between Turkey and Serbia," Yildirim said bilateral cooperation between the two countries in all fields intensified after the signing of a Free Trade Agreement in 2010.

"Our goal and direction is much deeper and broader economic cooperation to Turkey and Serbia in the next three years had greater participation in the world economy," said Yildirim adding that Turkey was planning to implement joint projects in Serbia and other countries in the region, especially in construction, in the coming years.

Serbian Deputy Prime Minister Rasim Ljajic said there was a growing interest in investing in Serbia as there was an improved environment and greater legal security, political stability and security for attracting foreign investors.