"We have decided on formation of a high-level cooperation council between Turkey and Serbia," the prime minister said at a Turkey-Serbia Business Forum held in the Serbian capital of Belgrade.
"Today, we are launching such a mechanism in which our all key ministries will play a role," Davutoğlu added.
Serbian Prime Minister Aleksandar Vucic added that Serbia would pay a "special" attention to Turkish investors.
On the first of his two-day visit, Davutoğlu also attended the opening ceremony of the Turkish Yunus Emre Cultural Center.
On Tuesday, Davutoğlu, with Vucic and Bosnian Prime Minister Denis Zvizdic, will visit Serbia's southwestern city of Novi Pazar where there is a considerable Muslim population.
Source: Daily Sabah