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Import quotas for textile products from Serbia-Montenegro increased
Belgrade,
29 October 2004
The Serbian Ministry of International Economic Relations welcomed yesterday's decision of the European Commission to increase EU import quotas for four categories of textile products from Serbia-Montenegro.
This decision is aimed at strengthening trade relations between Serbia-Montenegro and the EU, as well as assisting the process of economic reforms in the state union, the European Commission said in the decision's explanation. Also, it is a basis for further bilateral liberalisation until the textile agreement is signed.
The Ministry voiced hope that the agreement on textile trade with the EU will be concluded as soon as possible, which will definitely abolish all EU import quotas for textile products from Serbia-Montenegro.
The Ministry voiced hope that the agreement on textile trade with the EU will be concluded as soon as possible, which will definitely abolish all EU import quotas for textile products from Serbia-Montenegro.
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