Albania, Serbia scrap customs tariffs on agriculture products.

By bne IntelliNews May 17, 2011
The governments of Albania and Serbia have agreed to lift the customs tariffs on agriculture products traded between the two countries, Albanian Daily News informed. The agreement is part of the Central European Free Trade Agreement (CEFTA). It is also expected to boost foreign investments in Albania. After the CEFTA agreement entered into force in Albania in July 2007, the countrys trade exchange with the member countries Bosnia and Herzegovina, Croatia, Macedonia, Moldova, Montenegro and Serbia more than quadrupled, accounting for 9.3% of its total trade foreign exchange.

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