 Serbia's Foreign Minister Ivan Mrkić said in March 2014 that agriculture, water management, chemical, petrochemical and pharmaceutical industries, as well as tourism, were the sectors that offered best prospects for cooperation.The trade exchange between Armenia and Serbia remains small, while both countries have promised to expand their mutual trade.The first Armenian-Serbian Business Forum was held in Yerevan in March 2014, which was opened during the visit of Serbia's Foreign Minister Ivan Mrkić.