The Balkan Pact (Greek: Βαλκανικό Σύμφωνο, Macedonian: Балкански пакт, Serbo-Croatian: Balkanski pakt / Балкански пакт, Slovene: Balkanski pakt, Turkish: Balkan Paktı) of 1953, officially known as the Agreement of Friendship and Cooperation, was a treaty signed by Greece, Turkey and Yugoslavia on 28 February 1953.

The treaty was to act as a deterrence against Soviet expansion in the Balkans and provided for the eventual creation of a joint military staff for the three countries.

The Balkan Pact allowed Yugoslavia to de facto associate itself with NATO on geopolitical affairs while remaining officially neutral.

In October 1954, Israeli government expressed their interest in joining the alliance in expectation that Yugoslavia would act as a mediator in development of the Egypt–Israel relations; Yugoslav authorities were open to the proposal.

[2] Yugoslavia and the Soviet Union had been allies in the aftermath of World War II, but bilateral co-operation halted in 1948 through the Tito–Stalin split.

Fearing a Soviet invasion, Yugoslavia quickly established political and defensive agreements with the Western countries.