EFFECTS OF MUTUAL IMPLEMENTATION OF THE INTERIM TRADE AGREEMENT WITH THE EU

 

On January 25, 2010, Belgrade Chamber of Commerce organised the round table on „Effects of the mutual implementation of the Interim Trade Agreement with the EU.“

The participants in a constructive round table were Srđan Majstorović, Deputy Director of the European Integration Office of the Republic of Serbia, Alberto Kammarata, Head of the European Integration Section, Delegation of the European Commission to Serbia, Tanja Miščević, Professor at the Faculty of Political Science in Belgrade, and Aleksandar Georgievski, Head of Department for Origin of Goods, Customs Administration, Ministry of Finance of the Republic of Serbia.

Considering that the Interim Trade Agreement enables creation of the free trade zone between the EU and Serbia, the purpose of the event was to inform the economic operators about the way in which the aspects of the free trade are regulated. The last year records indicate that the revenue from customs dropped by 78 million EUR, while the exporters saved more than 310 million EUR, said Srđan Majstorović. Mr. Kamarata advised the companies to make use of the Agreement benefits, trade concessions, lower customs, transportation licenses, which all provide the legal framework for undisturbed operations. But, in order to exploit the opportunities fully, the private sector needs fresh capital, new investments, and compliance of operations with the EU standards. Ms. Miščević remarked that the certification of products remained to be an obstacle for domestic companies. Since Serbia does not have adequate laboratories, it is still being done abroad.

In attempt to facilitate operations of domestic companies, Belgrade Chamber of Commerce will continue to organize round tables and information seminars about practices and regulations governing business cooperation with the EU partners. The greatest challenge is to attain the export oriented and competitive economy and sustainable private sector.