Ljajic: CEFTA needs recovery to stay alive

Serbian Minister of Trade, Tourism and Telecommunications Rasim Ljajic says the Central European Free Trade Agreement (CEFTA) "needs recovery to stay alive."

19 Mart 2019 18:43

BELGRADE - Serbian Minister of Trade, Tourism and Telecommunications Rasim Ljajic says the Central European Free Trade Agreement (CEFTA) "needs recovery to stay alive."

Speaking to Politika, Ljajic said the existence of the 2006 trade deal was in doubt after Pristina's decision to introduce taxes and non-tariff barriers for Serbian goods.

Serbia is losing around 1 mln euros a day due to the inability to market its goods in Kosovo-Metohija, he said.

"How can countries be prevented from introducing barriers after what Pristina has done? If CEFTA was unable to prevent that, the existence of this free trade agreement is very much in doubt," Ljajic said.

While some kind of a "CEFTA+" deal is an option, it is hard to imagine any agreement can come to life without support from the EU, which must get more involved, he said.


Photo: Tanjug/S.Radovanovic, file



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