Serbia Russia Trade Agreement

Both sides will liberalise mutual trade in accordance with the agreement, while Member States will allow equal access to Serbian product markets. Law on the ratification of the free trade agreement between the EAEU and Serbia The need for leverage is the result of the unresolved dispute in Kosovo and the foreseeable freeze on EU enlargement for Balkan countries, as shown by France, which vetoes the opening of accession negotiations with Albania and Northern Macedonia. Therefore, the signing of a free trade agreement with the EAEU was an opportunity for Serbia, the EU and the West, tactically and symbolically, to send a message that it had other options, while offering pro-Russian sympathies to certain parts of the Serbian electorate. The agreement represents a small piece of the broader model in which the Serbian government plays Russia against the West to see who is best, and to strengthen the support of both pro-Western Serbs and pro-Russian Serbs. Serbia`s Ministry of Commerce said the free trade agreement with the SEA will allow about 95.5% of Serbian products to be exported to the regional grouping duty-free. “On 31 May 2016, the Euras High Economic Council decided to start negotiations with Serbia for entry into a new single free trade agreement that would apply to the five EAEU member states,” he said. “This means that the agreements we have concluded so far with Russia, Belarus and Kazakhstan must be replaced by a new, more modern agreement, which has just been signed by Serbia with the entire EAEU, which includes, in addition to these three countries, Armenia and Kyrgyzstan,” Ljajic added. Brnabic visited Moscow with Trade Minister Rasim Ljajic, who previously told Serbian media in September that it was not a political agreement, but only a trade agreement signed by Serbia with Turkey and ALECE, the Central European free trade agreement. “Approve the draft federal law on the ratification of the agreement on the free trade area between the Eurasian Economic Union and its Member States, on the one hand, and the Republic of Serbia on the other,” and submit it to the State Duma as part of the defined procedure,” the government`s decisions taken at the cabinet meeting on 24 July said. On 25 October, Serbian Prime Minister Ana Brnabia signed a free trade agreement with the Eurasian Economic Union (EAEU) on the sidelines of a meeting of the Eurasian Governing Council in Nur Sultan, Kazakhstan. Optimism on the Serbian side has been as strong as ever. However, this last stage of Serbia was not guided by important trade considerations.