Q:
A:
Law on trade to provide stable market
Belgrade,
14 July 2010
Minister of Trade and Services Slobodan Milosavljevic said today that the Bill on trade should provide a stable and supplied market, more intense competition and a reduced state impact on trade.
Author:
Tanjug
Milosavljevic highlighted that the proposed regulation is systemic and significant not only for the trade sector, but also for the economic environment in Serbia, which will make our country more attractive to foreign investors.
Freedom of trade is the basic principle of this law that will be sustainable even after Serbia's entry into the EU, emphasised Milosavljevic.
All market stakeholders are equal before the law and are treated equally, and the Serbian market is integral and indivisible, the Minister outlined.
He explained that the law is a basic legal framework for market inspection, adding that market inspection should become an institution that educates and helps merchants.
Milosavljevic announced that one of the new features introduced by the Bill is that part of the inspection surveillance will be carried out by units of the local self-government through communal inspection.
The idea is to intensify cooperation with local self-governments which will reduce the amount of illegal trade in the streets.
The Bill on trade introduces a clear distinction according to the place of trade, to trade within a sale point and trade outside a sale point. The Bill also defines all forms of trading that exist or can appear on the market, such as hypermarkets, shopping malls and outlets.
This Bill will encompass material from three legal acts – the Law on trade, the Law on conditions for performing trade, providing services in trade and inspection surveillance and the Law on prices.
Freedom of trade is the basic principle of this law that will be sustainable even after Serbia's entry into the EU, emphasised Milosavljevic.
All market stakeholders are equal before the law and are treated equally, and the Serbian market is integral and indivisible, the Minister outlined.
He explained that the law is a basic legal framework for market inspection, adding that market inspection should become an institution that educates and helps merchants.
Milosavljevic announced that one of the new features introduced by the Bill is that part of the inspection surveillance will be carried out by units of the local self-government through communal inspection.
The idea is to intensify cooperation with local self-governments which will reduce the amount of illegal trade in the streets.
The Bill on trade introduces a clear distinction according to the place of trade, to trade within a sale point and trade outside a sale point. The Bill also defines all forms of trading that exist or can appear on the market, such as hypermarkets, shopping malls and outlets.
This Bill will encompass material from three legal acts – the Law on trade, the Law on conditions for performing trade, providing services in trade and inspection surveillance and the Law on prices.
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