An outreach event on TEN YEARS OF SIGNING CEFTA – RESULTS AND CHALLENGES was held in Podgorica on 9 November 2016

November 16, 2016

One of the main messages delivered during the event was that dialog of private and public sector on further liberalization in trade in services, trade facilitation, investments and moving of experts and qualified working force had to be enhanced. The event was attended by the representatives of state institutions, private sector, CEFTA Secretariat and Chambers of Commerce from the region.

In the introductory statement Vice President of Chamber of Economy Ms. Ljiljana Filipovic noted that 10 years from signing of CEFTA was opportunity for exchange of experiences, analysis of achieved results and discussion on implementation and further improvement of the Agreement. She said that in accordance to Montenegrin Programme of Chairmanship for 2016 institutionalization of role of private sector within CEFTA was planned. However, there was no positive attitude from public sector from the region. Even though support from Montenegrin Ministry of Economy was evident, the same was not shown from relevant institutions from region. She pointed out that additional effort had to be invested in order to substantially appreciate voice of private sector.

Mr. Goran Scepanovic, Director General for Multilateral and Regional trade Cooperation and Foreign Economic Relations in the Ministry of Economy, said that in the previous ten years a lot was achieved.

He noted that with successful implementation of Agreement parties increased aims so system of full trade liberalization was established, what had positive impact on competitiveness of companies from the region. Negotiations on Additional Protocol 5 – TF agreement among CEFTA parties were concluded, negotiations on liberalization on trade in services were in final stage, CEFTA structures were changed and in the future improvement of dispute settlement mechanism would be on the Agenda. He stressed that by adoption of Additional protocol 5, which was expected in December 2016, trade and transit would be facilitated by connecting of border agencies through unique information system. That would decrease expenses and had positive impact on work of companies.

Agenda

Presentations

An outreach event on TEN YEARS OF SIGNING CEFTA

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#Nearshoring is real and #CommonRegionalMarket and #CEFTA are making all the difference in the eyes of investors. This is one of the takeaways from ...today's conference organised by @wiiw_ac_at and @WKOe where our @Zdravkoilich presented CEFTA's results and priorities.

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