duty-free

Serbia-China Free Trade Agreement boosts market access and export potential

Serbia's Minister of Internal and Foreign Trade, Tomislav Momirović, announced that the Free Trade Agreement (FTA) between Serbia and China will come into effect on July 1, providing significant advantages for Serbian companies. The FTA covers approximately 20,000 products, with immediate duty-free access granted to about 60% of them. Over the next five years, tariffs will be progressively reduced for another 16% of products until they are completely abolished. Additionally, 10% of the most sensitive products, primarily agricultural goods, will…