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Serbia and EFTA Contributions to Trade of Agroindustrial Products
Abstract
Serbia's international economic policy in the past decade is being based on the implementation of free trade agreements with major trading partner. In addition to trade cooperation with the EU, Serbia has developed and liberalized trade with the Russian Federation, CEFTA region, Belarus, Kazahstan and Turkey. With EFTA region, Serbia has introduced Free Trade Agreement (FTA) from 2010 in order to develop mutual exchange of goods and services. Considering that analysis on trade relations between Serbia and the EFTA have not been published, the importance of this study arises from the need to identify the effects of application of the FTA. Analysis will focus on agro-food products, for the period 2004-2013. In order to analyze trade of agro-industrial products, all of product by SITC classification under Section 0 - Food and live animals sector and 1 - Beverages and tobacco in export and import will be covered.
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