According to Ukraine’s Minister of Agrarian Policy and Food, Ukraine now plans to sign FTAs with Canada, Israel, Turkey, Serbia and Vietnam.
The head of the team negotiating Serbia’s accession to the European Union (EU) has confirmed an agreement with the European Union that the country’s free trade agreements with eastern states, and in particular Russia, will remain in force until Serbia becomes an EU member.
Most people are aware of Serbia’s free trade agreement but what is less known is Serbia’s free trade agreement with Turkey. Free trade agreements also exist between Kazakhstan, Belarus, CEFTA, EFTA, European Union and the USA.
Serbia recorded a USD 116.4 million trade surplus with the countries of the Central European Free Trade Agreement (CEFTA) over the first two months of 2012, resulting mostly from export of agricultural products, according to data from the Statistical Office of the Republic of Serbia.
On the occasion of coming into force of the Agreement, Serbian Ministry of Economy pointed out that, in addition to simplification of the export of goods, it would introduce Turkey as potential significant source of raw materials for Serbian economy in certain domains, one of which is textile industry.
Italian companies with investments in Serbia such as Fiat SpA (F.MI) will benefit from a free trade agreement signed by Russia and Serbia, Italian Prime Minister Silvio Berlusconi said Friday.
Serbian Deputy Prime Minister and Minister of Economy and Regional Development Mladjan Dinkic and Turkish Minister for Foreign Trade Zafer Caglayan today signed a free trade agreement between the two countries, which will be implemented from January 1, 2010.
Serbia says it plans to sign a free trade agreement with Iran to boost economic cooperation.
Deputy Prime Minister for EU integration Bozidar Djelic announced today that next year Serbia and Turkey will sign an agreement on free trade.
Serbia’s government yesterday decided to put the country’s interim trade agreement with the European Union into full effect from January 1 2009.
The Serbian Economy Ministry announced earlier this week that the country would ratify the Central European Free Trade Agreement (CEFTA) in September, ending its status as the only country in the region not to have done so.
Turkey’s Undersecretariat of Foreign Trade will begin Free Trade Agreement (FTA) talks with four countries in the first half of this year in order to find new markets for Turkish businessmen and to extend current ones.
"Any Free Trade Agreement can only contribute to strengthening regional co-operation, and we only expect positive results from that," said Macedonian Economy Minister Fatmir Besimi. [Macedonia Government]
Croatia, Bosnia-Herzegovina, Serbia-Montenegro, Kosovo, Albania, Macedonia and Moldavia are expected to become a unique free trade zone by the end of 2007.
The European Union will give strong support to efforts by the continent’s southeastern countries, most of them in the Balkans, to sign a regional free trade deal this year, EU officials said on Monday.
The European Commission has proposed replacing the existing web of bilateral trade agreements in the Balkans with a regional free trade agreement — a move it says would boost economic prospects. However, the idea has met with opposition in Croatia.
India and Serbia & Montenegro today signed a ’Trade and Economic Cooperation Agreement’, which includes grant of ’Most Favoured Nation’ treatment in trade of goods and services and setting up of a Joint Economic Committee to explore new areas for bilateral trade.
All Balkans countries are headed for European Union membership, but they are taking different roads, and at differing pace.
THE idea of a Balkan General Free Trade Agreement, to replace existing bilateral free trade agreements, received support at an Athens meeting of the Association of Balkan Chambers, the Bulgarian Chamber of Commerce and Industry (BCCI) said on December 12.
Recent moves have raised hopes that the Balkan region may one day join the European Union. Accession negotiations have been launched with Croatia, Serbia-Montenegro is in talks on a "stabilisation and association agreement" and Brussels decided this month to start talks with Bosnia.