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Serbia and Bosnia Herzegovina abolish trade barriers

Belgrade-Sarajevo agreement to facilitate exchanges

16 December, 15:35
(ANSA) - BELGRADE - Serbia and Bosnia-Herzegovina have signed an agreement on the abolition of all the barriers that hindered trade between the two Balkan countries.

The deal was signed in Belgrade by the Serbian tourism and telecommunications minister Rasim Ljajic and the Bosnian foreign minister Mirko Sarovic. Both parties expressed satisfaction and underlined the importance of the agreement in the context of a general rapprochement between the two former Yugoslav countries whose relations are still strongly conditioned by the consequences of the 1992-1995 war.

The two ministers pointed out that it will now be much easier and faster to move goods between the two neighboring countries, such as meat, beer, fruit, flour, milk, sugar, whose volumes were primarily affected by customs barriers so far. Serbia's President Aleksandar Vucic and the Belgrade government have repeatedly expressed their support for the creation of a single market in the Western Balkan countries in order to foster trade and harmonize legislation. (ANSA).

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