Talks with EAEU expected to be complete in 2019

The text of a new free trade agreement between Serbia and the Eurasian Economic Union (EAEU) and its members is nearly agreed and the talks should be completed this year, a source in the Serbian Ministry of Economy told Tanjug Wednesday.

23 Jan 2019 13:44

BELGRADE - The text of a new free trade agreement between Serbia and the Eurasian Economic Union (EAEU) and its members is nearly agreed and the talks should be completed this year, a source in the Serbian Ministry of Economy told Tanjug Wednesday.


The new agreement will replace existing FTAs with Russia, Belarus and Kazakhstan allowing duty-free trade of around 99 pct of goods.


The agreement is expected to extend the list of duty-free exportable food products and excise goods and also include Armenia and Kyrgyzstan.


The source said the latest round of talks had been held in Belgrade on January 10-11 and that the Serbian side had insisted on preferential exports of some cheese types not included in the free trade regime, as well as of cigarettes and alcoholic beverages.


In these talks, Serbia has an interest to regulate trade relations with the EAEU and retain the high level of trade liberalisation under bilateral agreements with Russia, Belarus and Kazakhstan, as well as to make a step forward, said Jagoda Lazarevic, special adviser to the minister of trade.


Tanjug file photo

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