At the Serbian Chamber of Commerce, Arsic pointed out that the two countries are making a list of products which will be free of customs duty.
According to her, Serbia’s aim is to place its industrial products on the Turkish market without paying customs duties and to abolish customs duties on Turkish products within a period of six months.
As for agricultural products, Serbia and Turkey will determine the quotas for mutual placement of customs-free products.
The State Secretary did not specify when the agreement will come into force but voiced her belief that the two sides will reach it today. Afterwards, it should be forwarded to the Turkish and Serbian governments and then to their parliaments for ratification.
Arsic stressed that during a recent visit to Iran by a Serbian delegation it was decided that negotiations on a free trade agreement should begin in April, while negotiations with Ukraine are expected to begin in the second half of this year after the elections in Ukraine.
A date for signing the protocol on expanding the list of products covered by the free trade agreement with Russia has not been determined, said Arsic, adding that it is expected to be signed in March and its implementation will begin directly after signing.
She said that this protocol will remove the customs duty on medicines, confectionary products, wine, air conditioners, some types of carpets, wooden office furniture, all kinds of soaps, woollen fabrics, washing machines, bed sheets, mattresses and apple juice.