With the establishment of the zone, all three member states aim to increase trade and cooperation as well as improve bilateral relations.

Serbia, North Macedonia and Albania signed several agreements on the exchange of food products, energy, cinematography, as well as cooperation in emergency situations.

The Open Balkan's intentions are to provide greater opportunities for trade, student exchanges, and encourage the EU integration in the member states, inter alia.

[8] It has been agreed mutual acceptance of diplomas and job qualifications, all making work forces more flexible and available and so attracting more investment.

[9] The Open Balkan currently comprises three member states, including Albania, North Macedonia and Serbia.

[15][16][17][18] Prime Minister of Kosovo Albin Kurti rejected the invitation for the summit in Ohrid which is held on June 7–8.

"[21] Also following the latest voting in Montenegro, the collective voice of the people has expressed a desire to become part of the Open Balkan Initiative.

He also added that joining the Open Balkan is a measure to facilitate relations with Serbia, and that 60 percent of Montenegrins want Montenegro to participate in the initiative.

On 2 August 2021, the directors of the post offices of Serbia and North Macedonia, Zoran Đorđević and Jani Makraduli signed in Belgrade a Protocol for business cooperation.

[26] On 3 August 2021, by an order of the President of Serbia Aleksandar Vučić, four helicopters of the Ministry of Internal Affairs (Serbia), have been sent to help colleagues from Ministry of Internal Affairs (North Macedonia) for firefighting in North Macedonia.