National Assembly adopts law on free trade with EAEU

The National Assembly of Serbia has adopted the Law on Confirming the Agreement on Free Trade between Serbia and the Eurasian Economic Union and its member states, envisaging access to a market of over 180 million people.

– The agreement does not jeopardize Serbia's path to Europe. The European Union is not just the primary foreign policy objective of Serbia, but also the first foreign trade partner, with which we realize 65% of the total trade, whereas the trade with the EAEU countries amounts to around 7% – Mali said during the discussion.

The minister said that it should be kept in mind that around 90% of the total trade of Serbia with the EAEU states pertains to Russia.

– The agreement with the EAEU is useful not just for our companies which do business with the EAEU countries, it is also an important motive for the arrival of foreign investors – Mali said.

Narodna skupština Republike Srbije

National Assembly of Serbia

Law on Confirming the Agreement on Free Trade between Serbia and the Eurasian Economic Union

trade

Eurasian Economic Union

EAEU

free trade agreement