World Trade Organisation

BELGRADE - It is almost certain Serbia will have to soften its position on the ban on GMO cultivation, but it is important that we do not get ahead of the EU on the matter, says Vukosav Sakovic, head of Serbia Grains, an association for advancement of production and exports of grains, oil seeds and products.

BELGRADE - The Central European Free Trade Agreement (CEFTA) is one of the few successful regional initiatives with tangible results over the past 10 years and more, Serbian Minister of Trade Rasim Ljajic said Wednesday.

The CEFTA countries are Serbia's second largest foreign trade partner - second only to the EU - and Serbia now has a 2.1 bln euro surplus with the CEFTA countries.

India has accused the US of maintaining double standards in solar trade. Indian Power, Coal and Renewable Energy Minister Piyush Goyal, currently in New York, has said that America's recent victory against India's move to promoting its domestic solar energy players at the World Trade Organisation (WTO) is unfortunate, as the US itself protects its own states.

Leaked wires have shown European Union executives were allegedly ?not satisfied? with Turkey?s offer to the Trade in Services Agreement (TiSA) Market Access Negotiations, a deal currently being negotiated by 24 members of the World Trade Organisation (WTO), including the EU and the United States, stating Turkey needed to ?substantially improve? its offer.  

BELGRADE - The economy will have to withstand the greatest burden of the EU accession talks, but it will derive benefits from the process, officials stated at the International Conference Introduction to the Negotiations on Chapter 30 - External Trade Relations.

BRUSSELS - The free trade agreement that Serbia has with Russia will remain in effect until Serbia's accession to the European Union, Serbia's chief EU negotiator Tanja Miscevic said on Thursday.

Russian President Vladimir Putin urged the EU on Sept. 1 to show "common sense" and not to engage in mutually destructive sanctions, in his first reaction to the threat of additional punitive measures over Ukraine.

BELGRADE - Direct foreign investments are necessary for Serbia's economic growth and improvement of the standard of living in the country, but there should also be subsidies for domestic investments and those coming from the Serbs living abroad, the ambassadors of the US, Germany, Italy, Greece and Austria agreed in Belgrade on Tuesday.

The European Union launched a case on Tuesday in the World Trade Organisation (WTO) against a Russian ban on imports of pigs and pork from the EU.