Kazakhstan’s President Kassym-Jomart Tokayev marked significant milestones last week with an official visit to Serbia and a state visit to Hungary. The agreements and discussions from these meetings are set to advance Kazakhstan’s structural economic modernization, opening new opportunities in trade, investment, and collaboration.
Kazakhstan, Serbia, and Hungary foster a stable cooperation triangle, leveraging their shared multi-vector foreign policy approach. This strategy allows them to diversify global transport infrastructure while building networks of international alliances. Positioned at a pivotal geographic crossroads, the Balkans serve as Europe’s gateway, while Kazakhstan connects East and West as a vital transit hub.
The relationships extend into multilateral frameworks. Serbia benefits from its Free Trade Agreement with the Eurasian Economic Union (EAEU), while Hungary’s role in the Organization of Turkic States (OTS) bolsters its ties with Kazakhstan. Recent discussions emphasized the breadth of their shared economic, logistical, and strategic interests.