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Serbia, Belarus initial draft agreement on free trade
Belgrade,
12 October 2007
The governments of Serbia and Belarus initialled today the draft agreement on free trade, based on regulations of the World Trade Organisation (WTO).
The Draft agreement prescribes that apart from WTO regulations, the two countries should also abide by EU instructions on trade, and reduce as much as possible lists of goods that will be excluded from the free trade regime.
The present level of trade exchange between Serbia and Belarus is between $40 million and $50 million in both directions, with a certain surplus on Serbia's side last year. Serbia is Belarus' main partner in southeastern Europe.
The present level of trade exchange between Serbia and Belarus is between $40 million and $50 million in both directions, with a certain surplus on Serbia's side last year. Serbia is Belarus' main partner in southeastern Europe.
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