"Elimination of tariffs on EU products won't disturb market"
BELGRADE -- Serbian Chamber of Commerce (PKS) Chairman Željko Sertić has said that he does not expect disturbances in the Serbian market.
He was referring to the period following the elimination of customs tariffs based on the Stabilization and Accession Agreement (SAA) between the EU and Serbia, which entered into force on January 1, 2014.
“It is good that Serbia's export to the EU and foreign trade with the EU are much greater than before. We have competent companies that can cope with market competition,” Sertić told Tanjug.
He said that the abolishment of tariffs is not a sudden change, as they were gradually reduced, adding that the entire process has to be considered in the context of the obligations which Serbia has assumed in the EU accession process.
Sertić said that as of the first day of 2014 the tariffs for the majority of products will be zero, except for around 400 most important products, primarily in the agricultural i.e. food industry.
Consequently, the importance is laid on education of businessmen, strengthening of potentials and promotion of knowledge and management so as to make domestic products competitive in the EU market.
Business & Economy
January 2, 2014 | 09:46 | Source: Tanjug | Comments: (1) | Send comment
BELGRADE -- Serbia's six-year-long trade liberalization with the EU, based on the Stabilization and Accession Agreement between the EU and Serbia, expired on Wednesday.
December 31, 2013 | 16:01 | Source: Tanjug | Comments: (1) | Send comment
BELGRADE -- In the first eleven months of 2013, Serbia's agriculture and food industries registered exports totalling USD 2.5 billion.
December 30, 2013 | 16:42 | Source: Tanjug | Comments: (2) | Send comment
BELGRADE -- The latest available figures for the country's unemployment rate in show that 20.1 percent of Serbians were out of work in October 2013.
December 30, 2013 | 14:10 | Source: Tanjug | Comments: (3) | Send comment
BELGRADE -- Proceedings launched in 24 cases of controversial privatizations are "the right way to put right the injustice done by the 2001 Law on Privatization."
December 27, 2013 | 16:58 | Source: Tanjug | Comments: (1) | Send comment
BELGRADE -- All preferential EU origin products, with the exception of certain agricultural products, will be imported into Serbia free of customs duty starting from 2014.
December 27, 2013 | 10:30 | Source: Tanjug | Comments: (0) | Send comment
MOSCOW -- Introduction of the EU standards in the energy sector in Serbia should not affect the agreement on the construction of South Stream between Serbia and Russia.
December 27, 2013 | 09:49 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- The State Audit Institution (DRI) released on Thursday that the control of budget fund management identified irregularities worth RSD 13.1 billion in 2012.