Trade liberalization as prerequisite for integration of Republic of Serbia in international economic trends
2006
Markovic, K.M.,Poljoprivredni fakultet, Novi Sad (Serbia) | Zekic, S.N.,Ekonomski fakultet, Subotica (Serbia)
Integration of Republic of Serbia in international economic trends implies membership in World Trade Organization and European Union. Trade liberalization is one of the most important prerequisite for successful integration process. In authority of the Stability Pact, trade liberalization has been reached on the basis of bilateral trade agreements. Next phase in process of trade liberalization is creating of free trade area among the countries of South Eastern Europe. Countries of Western Balkan should achieve adequate benefits from the free trade area. Maintaining of stability in region and reduction of business risk should increase foreign direct investments.
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