suppliers

Serbia to amend margin regulation to protect suppliers, says Minister of Internal and Foreign Trade

Serbian Minister of Internal and Foreign Trade Jagoda Lazarević stated that suppliers have been operating under pressure for some time, but the existing regulation limiting retail margins has had a positive effect, reducing these pressures. She announced that the regulation will be amended this week, requiring retailers to formalize agreements with suppliers in line with the rules. Addressing media reports of mass store closures, Lazarević emphasized that such claims are highly politicized and inaccurate. She noted that retailers routinely close…