On June 11, 2006, the Russian Foreign Ministry recognized that, following Montenegro’s declaration of independence, the Republic of Serbia would assume the international legal personality of the disbanded Serbia and Montenegro. Russia and Serbia have been maintaining a traditionally active political dialogue since then.
Both countries have held regular top-level meetings. On May 24, 2013, Putin and his Serbian counterpart Tomislav Nikolic signed a Declaration on Strategic Partnership on behalf of their nations in the Russian city of Sochi. On October 30, 2013, the Russian president received Nikolic in Moscow. During this meeting, Putin and Nikolic discussed issues of bilateral relations. On February 6-9, 2014, Nikolic visited Sochi to attend the opening ceremony of the 22th Olympic Games. On October 16, 2014, Vladimir Putin visited Serbia to mark the 70th anniversary of Belgrade’s liberation from Nazi occupation in World War II. As part of this visit, Putin met with Nikolic and Vucic.
On March 9-10, 2016, Nikolic arrived in Moscow on a working visit, as part of which he discussed with Putin political, economic and trade cooperation as well as relevant issues on the international agenda.
During Nikolic's visit to St. Petersburg on October 12-14, 2016, the Serbian and Russian sides signed a range of cooperation agreements.
The two countries’ governments have been maintaining close ties. On April 9-11, 2013, Serbian then-Prime Minister Ivica Dacic visited Moscow. Vucic visited Russia on July 6-9, 2014 and on October 28-30, 2015. The Russian Foreign Ministry has been supportive of the intensive cooperation with Serbia. Russian Foreign Minister Sergei Lavrov visited Serbia on April 19, 2011 and June 16-17, 2014. On December 19, 2014, Lavrov held talks with then Serbian Foreign Minister Ivica Dacic.
On May 26, 2016, Vucic held a meeting with Putin during his visit to Moscow.
On April 1, 2016, Dacic met with Lavrov to discuss the state and prospects of Russian-Serbian cooperation. On December 12-13, 2016, Lavrov arrived in Serbia on a working visit, during which he held meetings with Nikolic, Vucic and Dacic.
Russia and Serbia have also developed inter-parliamentary cooperation. On May 12-13, 2015, Chairman of the Federation Council of the Federal Assembly Valentina Matvienko paid an official visit to Belgrade. In December 2015, a delegation of the Serbian National Assembly, chaired by President Maja Gojkovic, visited Moscow.
The Russian-Serbian dialogue has traditionally been focused on supporting peace and stability in the Balkans, mainly in terms of settling the issue of Kosovo. Russia has continuously assisted Serbia in defending its sovereignty and territorial integrity. The Serbian authorities, despite positioning themselves for EU membership, refused to impose sanctions against Russia and are remaining disengaged in the events in Ukraine.
The restrictions on the import of EU agricultural products, imposed by Russia in response to the Western sanctions, have created conditions for an increase in similar shipments from Serbia. In 2014, imports of Serbian agricultural and food products grew by 70 percent in monetary terms as compared to 2013, equaling $370 million.
In 2015, unfavorable market conditions forced some Serbian companies to reduce their exports to the Russian market, resulting in a subsequent reduction in bilateral trade. According to the Federal Customs Service, the Russian-Serbian external trade amounted to $1.01 billion in January-August 2015, which is less than in the similar period of the previous year. Russia’s total investment in the Serbian economy, including investment via third countries, reached $3.9 billion, as of late 2014.
In 2016, Russian-Serbian turnover amounted to $1.6 billion, which is 1.32 percent more than in 2015. However, Russia's export to Serbia decreased by 9.3 percent and totaled $770 million, while Russian import increased by 12.8 percent to $886.8 million, according to the Russian Federal Customs Service.
An example of successful cooperation between the two nations is the Naftna Industrija Srbije (NIS) oil and gas company reconstruction and development project, in which Russia's Gazprom Neft is the major shareholder and investor. A project for the reconstruction and modernization of Serbian railways, involving Russia's JSC RZD railway company, within the framework of an agreement to provide state export credit to Serbia in the amount of $800 million, has considerably contributed to the recovery of the Serbian economy.
In 2015, Russia was the honorary guest at Belgrade’s book fair. Russia has repeatedly provided Serbia with humanitarian assistance, including on mine clearance. In 2012, the emergency response Russian-Serbian Humanitarian Center was opened in the Serbian city of Nis.
The official visit of Patriarch Kirill of Moscow and All Russia to Serbia on November 14-16, 2014 confirmed the close historic relations and spiritual bonds that exist between Moscow and Belgrade.