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Strategic position
Free trade agreements
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Valuable human resources with competitive labor costs
National and regional investment incentives
University center
Good transport and telecommunication infrastructure
Reasonably priced industrial sites and commercial real estate
Institutional FDI support
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kontakti WHY CENTRAL SERBIA?

 
FREE TRADE AGREEMENTS

RUSSIAN FEDERATION

Serbia is the only country out of Commonwealth of Independent States that signed Free Trade Agreement with Russian Federation in August 2000.

The Agreement predicts periodically elimination of customs duties for goods originally from one of contract sides.

The list of products not covered by the duty free agreement is updated annually, and it currently includes: automobiles, sugar, meat, cigarettes, wooden furniture except office furniture, glucose syrup, nondenatural ethyl alcohol, sparkling wine, cotton yarns and fabrics, some air pumps, tractors, cash registers, TVs and monitors.


CEFTA

The CEFTA is free trade agreement between the countries: Albania, Bosnia and Herzegovina, Croatia, Macedonia, Moldova, Montenegro, Serbia and UNMIK in Kosovo. This agreement states that there will not be introduced new import duties, i.e. that the existing duties will not be increased.

Also, the Agreement determines the conditions of accumulation of origin of products, in the sense that it is considered that the products exported from our country have origins from Serbia if the component materials come from the countries of CEFTA, the European Union, Iceland, Norway, Switzerland (including Liechtenstein) or Turkey, but that such products are further processed in Serbia, in that way that added amount of material is greater than the amount of material built in other countries.


EFTA

Industrial products exported from Serbia to EFTA member states (Switzerland, Norway, Iceland, and Liechtenstein) are exempted from paying customs duties, except for a very limited number of goods, including fish and other marine products. Customs duties for imports of industrial products originating in EFTA states will be gradually abolished by 2014.

Trade in agricultural products is regulated by separate agreements with each of EFTA members, providing for mutual concessions for specified products. This agreement will enable export of Serbian products customs free to a market of 13 million people and will be active within the next couple of months.


EUROPEAN UNION

Serbia has a preferential status for placing its products of mainly domestic origin on the European Union market, which means that products, except wine and baby beef, when it is placed on the market of EU countries are not subject to customs and other levies.


TURKEY

Trade between Serbia and Turkey is regulated upon the model implemented in trade with the European Union. Industrial products originating in Serbia can be exported to Turkey without paying customs duties. Imports of industrial products into Serbia are generally customs-free, but for a large number of goods customs duties will be progressively abolished over the six-year period, ending in 2015.

For trade in agricultural products customs duties remain in effect, with certain Most Favored Nation reductions for a number of products.


BELARUS

The Free Trade Agreement with Belarus envisages mutual abolishment of customs and non-customs duties in trade between the two countries. There are only a few exceptions to the Agreement, including sugar, alcohol, cigarettes, as well as used cars, buses, and tires.