Stabilizaation and Association Agreement is working - Exports from Serbia to EU increased

Recent border blockade with Croatia once again pointed to the importance of the European Union (EU) as a trade partner. It's been two years since the Stabilization and Association Agreement (SAA) entered into force, exports are rising, and the first six months of this year saw exports to the EU going up 10%.

Duty free exports allow our businessmen to be more competitive than those in countries lacking a free trade agreement with the EU.

While open market represents a great opportunity for some companies to expand their business, small farmers are facing a decline. Despite quality products, they find it harder and harder to cope with strong European competition which can offer more affordable pricing. So they invite the state to help them more.

Application of SAA is one of the tests that serves to assess Serbia's readiness to meet the criteria for joining the EU.