south korea

Serbia and South Korea Initiate Comprehensive Economic Partnership Negotiations

Serbia has commenced formal discussions with South Korea regarding a Comprehensive Economic Partnership Agreement (CEPA), aiming to enhance its economic relations with advanced Asian economies. This initiative is part of Serbia's strategy to diversify its export markets, attract higher-value investments, and integrate its manufacturing and engineering sectors into global supply chains that extend beyond Europe. The proposed agreement encompasses various aspects beyond mere tariff reductions. Serbian officials are focusing on customs simplification, regulatory cooperation, investment protection, and fostering industrial collaboration…