SERBIA TO SIGN CEFTA
Serbia has initialed the Central European Free Trade Agreement (CEFTA) and indicated that it plans to sign the pact formally in the coming week, UPI reported on December 15, citing the Beta news agency. Serbia is to sign the agreement on December 19 in Bucharest, Romania, Beta reported on December 15. The CEFTA -- which currently comprises Romania, Bulgaria, Croatia, and Macedonia -- is considered a step toward EU membership. Romania and Bulgaria will leave the bloc in January to join the EU, leaving Croatia and Macedonia as the sole signatories. Albania, Bosnia-Herzegovina, Serbia, Montenegro, Moldova, and Kosova have until December 19 to agree to join.
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