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Surplus despite fall-off in trade with CEFTA

26. October 2009. | 11:23

Source: Tanjug

Serbia will post a surplus of USD 1 billion in trade with the CEFTA member-countries despite the fall-off in turnover.
Serbia will post a surplus of USD 1 billion in trade with the CEFTA member-countries despite the fall-off in turnover, Special Adviser of the Serbian Chamber of Commerce (PKS) Goran Nikolic stated on Wednesday.

At a conference in PKS, he specified that Serbia's export to CEFTA countries in 2009 would be about EUR 1.8 billion and its import 0.8 billion, and expressed his expectation that trade would mark growth only as of next year.

State Secretary in the Ministry of Economy Vesna Arsic stated that in its last year trade with CEFTA countries, Serbia had a surplus of about EUR 2 billon, of which EUR 1.4 billion in industrial goods and EUR 600 million in agricultural trade.

She also said that in 2008, Serbia had exported to CEFTA countries goods worth EUR 3.8 billion, and imported EUR 1.8 billion, and added that the highest level of trade, EUR 900 million, had been realized with BiH, and another EUR 885 million with Montenegro.

Arsic mentioned that Serbia would assume the rotating presidency over CEFTA next year, and that the priority would be the opening of markets in the country in the fields of services, public procurement, investment and coordination of competition and trade liberalization.

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