Q:
A:
Kostunica to sign in CEFTA today
Belgrade,
19 December 2006
Serbian Prime Minister Vojislav Kostunica is in Bucharest today, where he will attend the annual summit of the Central European Free Trade Agreement (CEFTA) and sign the agreement.
Author:
Tanjug
Kostunica will also meet with Romanian President Traian Basescu to discuss the situation in the region and the status of Kosovo-Metohija.
The CEFTA summit is also attended by Prime Ministers of Montenegro Zeljko Sturanovic, Bosnia-Herzegovina Adnan Terzic and Albania Salji Berisa, whereas Macedonia and Croatia are represented by Deputy Prime Ministers Zoran Stavreski and Damir Polancec respectively.
Apart from leaders from Southeast Europe, the summit is attended by EU Enlargement Commissioner Olli Rehn, EU Trade Commissioner Peter Mendelson and Special Coordinator of the Stability Pact for South Eastern Europe Erhard Busek.
Serbia, Montenegro, Bosnia-Herzegovina, Albania, Moldova and UNMIK representing Kosovo-Metohija, will join the free trade agreement, whose current members are Romania, Croatia and Macedonia.
CEFTA was created on December 21, 1992 at the initiative of the Czech Republic, Slovakia, Poland and Hungary, that joined the EU on May 1, 2004 and thus stepped out of CEFTA.
This agreemenet should replace the present complicated system with 32 bilateral free trade agreements between Southeast European countries and its aim is to facilitate trade and investment in the region.
Apart from strengthening economic ties, CEFTA contributes to the process of European integration, and the EU accession has always been aim of this agreement.
Macedonia will take over the presiding over CEFTA next year.
The CEFTA summit is also attended by Prime Ministers of Montenegro Zeljko Sturanovic, Bosnia-Herzegovina Adnan Terzic and Albania Salji Berisa, whereas Macedonia and Croatia are represented by Deputy Prime Ministers Zoran Stavreski and Damir Polancec respectively.
Apart from leaders from Southeast Europe, the summit is attended by EU Enlargement Commissioner Olli Rehn, EU Trade Commissioner Peter Mendelson and Special Coordinator of the Stability Pact for South Eastern Europe Erhard Busek.
Serbia, Montenegro, Bosnia-Herzegovina, Albania, Moldova and UNMIK representing Kosovo-Metohija, will join the free trade agreement, whose current members are Romania, Croatia and Macedonia.
CEFTA was created on December 21, 1992 at the initiative of the Czech Republic, Slovakia, Poland and Hungary, that joined the EU on May 1, 2004 and thus stepped out of CEFTA.
This agreemenet should replace the present complicated system with 32 bilateral free trade agreements between Southeast European countries and its aim is to facilitate trade and investment in the region.
Apart from strengthening economic ties, CEFTA contributes to the process of European integration, and the EU accession has always been aim of this agreement.
Macedonia will take over the presiding over CEFTA next year.
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