Q:
A:
Customs Administration, BAT sign Memorandum of Understanding
Belgrade,
13 May 2005
The Serbian Customs Administration has said that its officials along with representatives of British American Tobacco (BAT) have signed a Memorandum of Understanding on the prevention of illegal trade in cigarettes.
The memorandum defines cooperation in the field of information exchange and data security with the aim of detecting and preventing illegal trade in cigarettes, grey economy as well as the protection of intellectual property relating to cigarette trademarks owned by BAT-Southeast Europe, according to the statement.
BAT representatives said that results in combating illegal trade in cigarettes in Serbia’s market are impressive, which gives strategic importance to the memorandum signed today, reads the statement.
Thanks to activities of the Serbian Ministry of Finance and the Customs Administration, the share of illegal cigarettes in the Serbian market has been reduced from 60 percent to six percent in the past four years, the statement recalled.
BAT representatives said that results in combating illegal trade in cigarettes in Serbia’s market are impressive, which gives strategic importance to the memorandum signed today, reads the statement.
Thanks to activities of the Serbian Ministry of Finance and the Customs Administration, the share of illegal cigarettes in the Serbian market has been reduced from 60 percent to six percent in the past four years, the statement recalled.
-
Kostolac, 14 July 2025First solar power plant Petka in Kostolac put into trial operation
-
Belgrade, 11 July 2025Potential for improving cooperation with Belarus in many areas
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated
-
Belgrade, 21 June 2025Serbia receives first funds under Growth Plan for the Western Balkans