free trade agreement

Serbia seeks EU exemption from planned 50% steel tariffs to protect exports

The Serbian government plans to request an exemption from the European Commission regarding the planned 50% tariff increase on steel imports into the EU. Serbia’s argument is based on its EU candidate status, its Free Trade Agreement with the EU, and its integration into European supply chains. The EU has already limited Serbian steel imports and is now imposing an additional 50% tariff on exports exceeding the set quotas. This measure could significantly impact the Smederevo steel plant, operated by…