Entry into force of the historic Economic Union Serbia-Eurasia Free Trade Agreement – Minister – Business and Economy
BELGRADE, July 10. / TASS /. It is a historic moment for Belgrade that the free trade agreement between Serbia and the Eurasian Economic Union (UEE) entered into force on July 10, Serbian Minister of Innovation and Development told TASS. technology, Nenad Popovic, head of the intergovernmental committee for cooperation with Russia. the Saturday.
“This is a historic moment for Serbia. Thanks to our excellent political relations, new prospects for the development of our economic relations have opened up, which is of crucial importance for our state, our economy and our citizens. entry into force of this agreement, Serbia’s economy will be able to export almost all of the goods produced in the markets of the Eurasian Economic Union, which has about 200 million inhabitants, without rights of customs, ”Popovic said, adding that“ this is an exclusive advantage over all other countries in Europe and the world. ”
“As the Minister of the Serbian government, I will do my best to make full use of this advantage, so that with the systematic strategic support of the State, the Serbian economy can take the best possible position in this market and export as much as possible. possible. possible in the future. At the same time, I would like to invite investors from Russia and EAEU to invest in Serbia. The Serbian government provides high subsidies for new jobs. We are developing an excellent transport infrastructure, and we have fully educated. Thanks to this, Serbia has been a world leader in attracting foreign direct investment in recent years ”, said the Serbian Minister.
On July 10, the free trade agreement between Serbia and the EAEU, signed on October 25, 2019, entered into force. Serbia mainly exports metals (steel, copper), high technology, machinery and equipment, agricultural products, foodstuffs, petrochemicals, electricity and medicines to other countries.