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Yaroslav Lissovolik

Chief Managing Director of Sberbank, Head of analytical Department of global markets Sberbank Investment Research, RIAC Member

Ekaterina Chimiris

PhD in Political Science, RIAC Program Manager

This working paper explores the prospects, risks and positive effects of Serbia joining a Free Trade Agreement with the EAEU. An analysis of current free trade agreements has demonstrated that Serbia strives to maintain a multi-vector foreign economic policy that straddles Europe and Eurasia. Serbia’s agreements with its European partners clearly reflect its tendency to systemically fit into the European context, while its agreements with the countries of the EAEU are not united by common rules and norms. We believe that a Free Trade Agreement spanning Serbia and the entire EAEU may afford Serbian manufacturers additional opportunities for expanding their presence in the Eurasian region and could boost Serbia’s standing in building its foreign trade alliances in other economic regions, including Asia.

This working paper explores the prospects, risks and positive effects of Serbia joining a Free Trade Agreement with the EAEU. An analysis of current free trade agreements has demonstrated that Serbia strives to maintain a multi-vector foreign economic policy that straddles Europe and Eurasia. Serbia’s agreements with its European partners clearly reflect its tendency to systemically fit into the European context, while its agreements with the countries of the EAEU are not united by common rules and norms. We believe that a Free Trade Agreement spanning Serbia and the entire EAEU may afford Serbian manufacturers additional opportunities for expanding their presence in the Eurasian region and could boost Serbia’s standing in building its foreign trade alliances in other economic regions, including Asia.

Serbia–EAEU: Integration Prospects in a Free Trade Area, 2.9 Mb

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Poll conducted

  1. Korean Peninsula Crisis Has no Military Solution. How Can It Be Solved?
    Demilitarization of the region based on Russia-China "Dual Freeze" proposal  
     36 (35%)
    Restoring multilateral negotiation process without any preliminary conditions  
     27 (26%)
    While the situation benefits Kim Jong-un's and Trump's domestic agenda, there will be no solution  
     22 (21%)
    Armed conflict still cannot be avoided  
     12 (12%)
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     4 (4%)
    Toughening economic sanctions against North Korea  
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