After two years of negotiations, Albania, Croatia, Macedonia, Montenegro, Moldova and Serbia agreed on more liberalised concessions in trade of agricultural products by signing the Additional Protocol to the Agreement. The Parties abolished all customs duties on imports, all charges having equivalent effect, and all import duties of a fiscal nature in trade between them on all the products other than those subject to bilateral concessions as listed in Annex 10. This significant liberalisation of trade in agricultural products is an important step in further reducing trade barriers and is expected to have positive effects on the overall economy of the region.
May 18, 2016