Serbia signed free trade agreement with EAEU

Serbia and Eurasian Economic Union (EAEU) signed a free trade agreement in Moscow.

“This means a lot for Serbia, development, competitiveness and living standards of the citizens”

Russia’s Prime Minister Dmitry Medvedev said at today’s session that he expects Serbia to have increased trade exchanges with the Eurasian Union, as some products will be exempt from customs.

The agreement extends the list of products that can be imported to EAEU territory without customs, increases quotas for export of goods that apply to restrictions and a wider free trade zone and on Armenia and Kyrgyzstan.

Serbia’s total commodity exchange with EAEU members during 2018.

The EAEU free trade agreements has so far signed with Vietnam, Iran and Singapore, while India, Egypt and Israel still negotiate similar agreements.