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FREE TRADE AGREEMENT SERBIA –TURKEY Ministry of Economy and Regional Development Government of the Republic of Serbia FREE TRADE AGREEMENT SERBIA –TURKEY.

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Presentation on theme: "FREE TRADE AGREEMENT SERBIA –TURKEY Ministry of Economy and Regional Development Government of the Republic of Serbia FREE TRADE AGREEMENT SERBIA –TURKEY."— Presentation transcript:

1 FREE TRADE AGREEMENT SERBIA –TURKEY Ministry of Economy and Regional Development Government of the Republic of Serbia FREE TRADE AGREEMENT SERBIA –TURKEY Ministry of Economy and Regional Development Government of the Republic of Serbia

2 Signing ceremony 1 st June 2009 in Istanbul Entered into force Entered into force September 1 st, 2010

3 Objectives of the Agreement Trade liberalization; Trade liberalization; Lliberalization of public procurement markets; Lliberalization of public procurement markets; Protection of intellectual property; Protection of intellectual property; Liberalization of services and investment; Liberalization of services and investment; Creation of fair conditions for competition; Creation of fair conditions for competition; Encouragement of mutual investment and cooperation in 3 rd country markets. Encouragement of mutual investment and cooperation in 3 rd country markets.

4 Liberalization of industrial products Asymmetrical model based on SAA EU – Serbia  Duty free export to Turkey for all industrial products - Pan European Rules of Origin  Duty free export to Serbia for industrial products - Pan European Rules of Origin – exceptions apply to lists A, B, C

5 Liberalization of industrial products Non sensitive List List A Sensitive List B Highly sensitive List C Most sensitive %MFN Dynamics Share in Total (Serbian CN Code) 65,5%9,6%17,0%7,9%

6 Exception list in relation on SAA Serbia - EU Tariff heading / line List C Synthetic filament yarn, Textured yarn, of polypropylene List C5701 Carpets and other textile floor coverings, knotted, whether or not made up List B5702 Carpets and other textile floor coverings, woven, not tufted or flocked, whether or not made up List B5703 Carpets and other textile floor coverings, tufted, whether or not made up List C5704 Carpets and other textile floor coverings, of felt, not tufted or flocked, whether or not made up List C5705 Other carpets and other textile floor coverings, whether or not made up List C5904 Linoleum, whether or not cut to shape List CHeading 61 Articles of apparel and clothing accessories, knitted or crocheted List CHeading 62 Articles of apparel and clothing accessories, not knitted or crocheted List B Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot- extruded, but including those twisted after rolling; Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling List B Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot- extruded, but including those twisted after rolling; Other; Containing by weight less than 0,25 % of carbon; Of a type used for concrete reinforcement List B Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel; Other, welded, of circular cross-section, of iron or non-alloy steel; Other; Other, of an external diameter; Exceeding 168,3 mm, but not exceeding 406,4 mm List C Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel; Other, welded, of non-circular cross-section; Of square or rectangular cross-section; Other; With a wall thickness not exceeding 2 mm List C Aluminium bars, rods and profiles; Of aluminium alloys; Other

7 Liberalization of agricultural products Animal origin products – excluded from duty free regime Animal origin products – excluded from duty free regime Plant origin products – duty free regime Plant origin products – duty free regime o Quantitative quotas agreed upon for 68 products or clusters of products o Preferential tariff rate o 50% reduction by Serbian side o 50% to 90% reduction by Turkish side o Trade in products which are not covered by tariff quotas is carried out under the MFN regime.

8 Liberalization of agricultural products Preferential import tariffs for Turkish products Preferential import tariffs for Turkish products o sea fish; o pomegranate, hazelnuts, pistachios; o dried figs; o oranges; o mandarins; o grapefruit; o lemon; o grapes, o dried apricots; o olive oil; o canned tomato.

9 Liberalization of agricultural products Preferential import tariffs for Serbian products Preferential import tariffs for Serbian products o wheat; o corn, flour and soy mince fine; o frozen strawberries, raspberries, blackberries; roses; forest plants; o seed potatoes; o cabbage; o fresh peas, beans and string beans; o sweetcorn; o dried leguminous vegetables; o sugar-added sweet and sour cherries; o prunes; o anise seeds; o juniper berries; o other spices; o birdseeds; o beet seeds; o forage seeds; o vegetable seeds; o forest seeds; o volatile non-etheric plant oils, raw; o children’s food products; o canned cucumbers and pickles; o fruit juices; o soups and stews; o ice-cream; o protein concentrates, other not mentioned food products and wine.

10 Liberalization of agricultural products Symmetrical preferential tariff quotas, approximately at the same level Symmetrical preferential tariff quotas, approximately at the same level o tomato; o leek and other onion-type plants; o paprika; o margarine; o sugar products; o chocolates; o pasta and other bakery products with or without cocoa and cookies.

11 Protocol on Rules of Origin Pan European Rules  Diagonal cumulation CEFTA EUEFTA TR SER CROMKBAMNEXKMDAL CEFTA SER ********** CRO ******* MK ********* BA ******** MNE ********* XK ******* MD ******* AL ********* EU ****** EFTA ** TR **** SER-Serbia, CRO-Croatia, MK-Macedonia, BA-Bosnia&Herzegovina, MNE-Montenegro, XK-UNMIK/Kosovo, MD-Moldova, AL-Albania, EU-European Union, EFTA-Norway, Swiss, Island, Lichtenstein, TR-Turkey Serbia & Turkey EUMacedoniaMontenegro

12 FTA Serbia - Turkey Economic and commercial advantages  Enhancing economic and commercial relations;  Abolishing trade barriers increase trade + mutual investments;  Promoting bilateral and regional preferential trade – cumulation of origin mechanism;  Predictability - transparent and regulated business environment;  Opportunities to improve production, sales and employment.

13 Serbia - Unique Export Potential EU EU EFTA Countries CEFTA Countries Free Trade Agreements Initiative to start negotiations with EUCEFTAEFTARussiaBelarusTurkey

14 Future economic cooperation   FTA Investments Textıles & Clothıng ındustry Automotıve and Auto-parts ındustry Infrastructure Energetic Agriculture Tourısm

15 Ministry of Economy and Regional Development Bulevar kralja Aleksandra Belgrade, Serbia Phone: Fax:


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