Doing Business in Serbia Belgrade. Serbian economy

Course summary (Business in Serbia)

The Republic of Serbia is situated in the Balkan Peninsula, in one of the most important transport routes between the European Union and Asia. The Serbian market (7.5 million people) is the 2nd biggest in South East Europe region.

• Serbia is the 3rd most attractive manufacturing nation and 7th most attractive Foreign direct investment (FDI) destination for services among emerging markets (Pricewaterhouse). Since 2000, the Republic of Serbia has attracted 20 billion USD in Foreign direct investment.
• In 2005 Serbia adopted the National Strategy for European Union Accession.
• Belgrade (1.6 million people) is the administrative, economic and cultural centre of the Republic of Serbia. 40% of Gross domestic product (GDP) of Serbia is generated by Belgrade.

Foreign trade of Serbia

• Total international trade: 20 billion Euros ( January - Dec. 2010),
• Serbia has preferential access to the markets of: Central European Free trade agreement (CEFTA), the Central European Initiative (CEI) and the Black Sea Economic Cooperation (BSEC) and the Commonwealth of Independent States
• Serbia has a Free trade agreement with Russia since 2000
• Serbia has Free trade agreements with Turkey, European Free Trade Association (EFTA) members, Belarus, and Kazakhstan.
• Serbia has duty-free exports to the European Union and the United States for most export products and services.

Example of the course (Doing Business in Serbia):

Institutions, Agreements and FTA of Serbia Central European Free trade agreement (CEFTA) Central European Initiative (CEI) Black Sea Economic Cooperation (BSEC) Free trade agreements with EFTA, Turkey and Russia

European Union Enlargement European Union (EU) - Western Balkans Economic Commission for Europe (UNECE) Regional Cooperation Council (RCC)

Autonomous provinces of Serbia: Vojvodina and Kosovo and Metohija.

Serbian official language is Serbian (Cyrillic alphabet). Main religion of Serbia is Orthodox Christians

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

Извоз Увоз Међународна трговина