Serbia has the potential to become a key logistics and industrial hub between Ukraine, the markets of the Western Balkans, and the European Union, said Marko Čadež, President of the Serbian Chamber of Commerce and Industry.
“By using the Danube route from the ports of Izmail and Reni toward Serbian ports and intermodal terminals, goods from Ukraine can be efficiently redirected to Corridor X and the markets of Central Europe and the Adriatic region,” he said in an interview with the agency “Interfax-Ukraine.”
According to Čadež, the development of intermodal logistics and free zones gives Serbia the opportunity to be not only a transit point but also a place where new value can be added to Ukrainian raw materials and semi-finished products before they enter regional and European markets.
“Serbia positions itself as an important geo-economic center of the region, at the intersection of Eastern European resources and European transport corridors,” emphasized the president of the Serbian Chamber of Commerce and Industry.
He also noted that Serbia could serve as a production and technology base for Ukrainian companies seeking to enter the markets of the Western Balkans, the EU, Asia, and Africa.
BALKANS, Čadež, EU, HUB, SERBIA, Serbian Chamber of Commerce and Industry
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.
