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Master International Business


 

Learning unit: Doing business in Serbia. Syllabus:

- Introduction to the Republic of Serbia.
- Serbian Economy. Foreign Trade.
- Foreign direct investment (FDI) in Serbia. Key sectors.

M Course learning materials: En

M Related International Trade Courses and Masters:  Doing Business in CEFTA Countries - Master in International Business (Foreign Trade, Global Marketing and Internationalization). Spanish: Comercio Exterior

Мастер у Интернатионал Бусинесс (MIB)

M Educational level: Continuing education / Executive education programs.

Course summary (Doing business in Serbia)

Serbian Economy. Since 2000, Serbia has attracted inversions over $20 billion (FDI). The Economist Int. Unit forecasts that will make the largest improvement in the business environment in Eastern Europe through 2013. PricewaterhouseCoopers ranked Serbia as the 3rd most attractive manufacturing and 7th most attractive services FDI destination among emerging economies. Internally, with 7.5 million people, the Serbian market is the 2nd largest in South East Europe.

Belgrade, the capital, has been awarded as the City of the Future for Southern Europe 2007 by the fDi Magazine. Over 40% of Serbia's GDP is generated by the city, which also has 31,4% of Serbia's employed population.

The overall foreign trade in the Republic of Serbia, for the period of January - December 2010 amounted to EUR 20.0 billion, which was a 14.6% decrease, compared to the same period in 2009.

Serbia is a member of the Central European Free Trade Agreement (CEFTA). Serbia is the only country outside of the Commonwealth of Independent States that enjoys a Free Trade Agreement with Russia. Serbia has Free Trade Agreements with Turkey, EFTA members, Belarus, and Kazakhstan. Added to this are duty-free exports to the European Union and the United States for most products and services.

The Free Trade Agreement with Russia, signed in August 2000, makes Serbia particularly attractive to foreign investors in the manufacturing sector. The Agreement stipulates that goods produced in Serbia, with over 50% value added in the country, are considered to be of the Serbian origin.

Example of the course (Doing business in Serbia):
Doing business in Serbia

Institutions, Agreements and FTA's of Serbia

Central European Free Trade Agreement (CEFTA) (Споразум о слободној трговини у централној Европи (ЦЕФТА 2006))

Central European Initiative (CEI) (Централно-европска иницијатива (ЦЕИ))

Black Sea Economic Cooperation (BSEC) (Црноморска економска сарадња (БСЕЦ))

Free Trade Agreements with EFTA, Turkey and Russia (Споразуми о слободној трговини са ЕФТА, Турске и Русије)

European Union Enlargement (Европска унија проширење)

EU - Western Balkans (Европска унија - Западни Балкан)

Economic Commission for Europe (UNECE) (економске комисије УН за Европу (УНЕЦЕ))

Regional Cooperation Council (RCC) (Савет за регионалну сарадњу (РЦЦ))

Serbia is located in the central part of the Balkan Peninsula, on the most important transport routes connecting Europe and Asia.

The adoption of the National Strategy for European Union Accession in 2005 defined accession of Serbia to the EU as a priority and long-term strategic goal.

The Republic of Serbia has two autonomous provinces: Vojvodina and Kosovo and Metohija.  With a population of 1.6 million, Belgrade is the administrative, economic and cultural centre of Serbia. Official language is Serbian and official script is Cyrillic alphabet; however, Latin alphabet is also in use. Majority of population of Serbia are Orthodox Christians

Borders: Bulgaria, Romania, Hungary, Croatia, Bosnia and Herzegovina, Montenegro, Albania and Macedonia.

Извоз Увоз Међународна трговина


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