Interim Agreement between the EU and Serbia
The EU-Serbia Interim Agreement on trade and related matters entered into force on 1 February. The agreement:
- allows certain provisions of the Stabilisation and Association Agreement (SAA) to be applied before the ratification process has been finalised
- provides for the establishment of a free trade area between the EU and Serbia
- regulates some important aspects of economic life, notably in competition and public support for business (state aid)
- guarantees that the EU market will remain open to most Serbian products as it includes the trade concessions granted to Serbia since 2000.
Serbia started to implement the Interim Agreement in January 2009.