Serbian-Bosnian trade: Abolition of non-customs barriers

The Serbian Minister of Trade, Tourism and Telecommunications, Rasim Ljajic and the Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina (BiH), Mirko Sarovic signed the Protocol on the removal of non-customs barriers in the trade between Serbia and BiH.

“Our goal is to increase the external trade between our two countries and to remove all obstacles for the free movement of goods. The joint working groups identified a total of 13 barriers that were preventing a bigger trade and freer flow of goods between the two countries,” stated Minister Ljajic.

He also added that seven barriers, out of 13, were removed after just two meetings of the relevant working groups, with the other two to be removed by the end of January. In the months after, the working groups will deal with the remaining four barriers.

Serbian Minister Ljajic stated that the external trade with BiH, in the first 10 months of this year, grew by 200 million EUR compared to the same period last year.

Minister Sarovic also said that the signing of the opportunity was an important step towards improving the trade and economic relations of the two countries.

He is confident that the issue of barriers will be resolved during the year of 2018.

(Sarajevo Times, 18.12.2017)


This post is also available in: Italiano

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