Serbia’s current account deficit widened to 2.46 billion euro ($2.66 billion) in the first eight months of the year from 664 million euro in the prior-year period, the central bank, NBS, said. Serbia’s 8-mo c/a gap widens to 2.46 bln euro – table The deficit in trade of goods increased by an annual 20% to … Read more
Serbia’s chamber of commerce (CCIS) said it has opened two new offices in China, in Beijing and the Hunan province capital Changsha. Serbia’s chamber of commerce opens two offices in China The free trade agreement between Serbia and China has opened new opportunities for the placement of Serbian products on the Chinese market and cooperation … Read more
The exports of Serbia’s information and communication technologies (ICT) sector increased by 19% year-on-year to 2.629 billion euro ($2.851 billion) in the first eight months of 2024, the country’s Office for IT and eGovernment said. Serbia’s ICT exports up 19% y/y in Jan-Aug Pinot Trading/All rights reserved. In August alone, the ICT sector’s exports totalled … Read more
The Central European Free Trade Agreement (CEFTA) said it has adopted nine new agreements to simplify business operations, create new job opportunities, and strengthen consumer rights across the region. CEFTA’s joint committee decided on the recognition of Authorised Economic Operator (AEO) programs between its seven markets, which means that businesses with customs benefits in their … Read more
Serbia and the United Arab Emirates (UAE) have signed the Comprehensive Economic Partnership Agreement (CEPA) aiming to boost trade and investment flows between the two countries, UAE President Sheikh Mohamed bin Zayed Al Nahyan said. The agreement is expected to remove or reduce fees on custom tariff lines, lift unnecessary trade barriers, protect intellectual property … Read more
The overall external trade in the Republic of Serbia for the period January-August 2024 amounted to: – USD 48591.9 million – which was an increase of 3.4% compared to the same period last year; – EUR 44850.6 million – which was an increase of 3.5% compared to the same period last year. The value of … Read more
The total export of services in the information and communication technology (ICT) sector amounted to 2.306 billion euros from January to July, representing a 20 percent increase compared to the same period last year, according to the National Bank of Serbia. In July 2024, ICT service exports totaled 362 million euros, which is 29 percent … Read more
The study for the new oil pipeline will be completed by the end of the year, and the new transmission line is planned for 2028 Relations between Serbia and Hungary are at a historic level, and by the end of the year the study for the new oil pipeline between the two countries, which should … Read more
During Israeli President Isaac Herzog’s visit to Belgrade, his Serbian counterpart, Aleksandar Vucic, said that a free trade deal will be agreed ‘as soon as possible’. During a visit to Belgrade by his Israeli counterpart, Isaac Herzog, on Wednesday, Serbian President Aleksandar Vucic said the two countries are planning to establish a free trade agreement … Read more
The overall external trade in the Republic of Serbia for the period January-July 2024 amounted to: – USD 42647.2 million – which was an increase of 2.6% compared to the same period last year; – EUR 39421.1 million – which was an increase of 2.8% compared to the same period last year. The value of … Read more