The governments of Serbia and Ukraine have issued a joint statement on the continuation of negotiations on a free trade agreement, said Marko Čadež, president of the Serbian Chamber of Commerce and Industry, in an interview with the Interfax-Ukraine news agency.
“Ukraine is the only European country with which Serbia does not have a signed free trade agreement. After direct contacts between the relevant institutions on this issue were reestablished last year, this week, during the visit of a Ukrainian government-business delegation to Belgrade, we must take this long-awaited step forward,” he said.
According to Chadezh, the document is expected to be signed in the coming days by Taras Kachka, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration, and Jagoda Lazarević, Serbia’s Minister of Domestic and Foreign Trade.
The President of the Serbian Chamber of Commerce and Industry noted that there is interest in such an agreement among both the Serbian and Ukrainian business communities, especially in sectors where lower tariffs, simplified procedures, and more predictable business conditions could increase companies’ exports.
“That is precisely why it is important that, as negotiations continue, we arrive at a well-prepared sector-specific agreement focused on specific industries,” Chadezh emphasized.
He also noted that the amended and simplified rules for the cumulation of preferential origin under the Pan-Euro-Mediterranean Convention, to which both Serbia and Ukraine are signatories, could expand the range of components for products traded on preferential terms with the EU, EFTA, Moldova, Montenegro, North Macedonia, and Turkey.
