The European Commission has adopted a package of proposals for greater trade exchange between the European Union and 20 neighboring countries.
Among them are Serbia, Bosnia and Herzegovina, Montenegro, Albania, Northern Macedonia. The main goal of these measures is faster recovery from the economic consequences of the Covid-19 pandemic.
The essence is that all goods that enjoy preferential status, and which are imported from those countries into the European Union, will have either a minimum customs duty or no tariff at all.
How much will these measures affect our country, is it important for them to be in the long run and when will the first effects be seen?
The director of the economic research unit of the Libertarian Club, Mihailo Gajic, says that this is a good thing because it facilitates trade exchange between neighboring countries and EU members.
As for Serbia, this will have a “relatively smaller impact on us”, because in 2000, Serbia more or less gained duty-free access to the EU market.
“One of the new rules here is a different kind of determining the country of origin of the product. The country of origin is a ‘passport’ of a product that crosses the border,” he said.
Only next year, this will be able to be implemented in practice.
“Time should pass for the European Council to adopt these initiatives and for negotiations to take place between the EU and individual countries, because we can still choose whether to use the old or new rules,” he said, B92 reports.
