CEFTA BOOSTING TRADE BALANCES
The signatories of the CEFTA agreement say that all the indicators concerning its application point to increased trade between the countries in question. The participants at a meeting in Podgorica underlined that “the concrete problems with application of the agreement are of a narrowly technical nature,” and were related to insufficient knowledge of the rules on the origin of goods, which is the jurisdiction of customs administrations. Customs representatives from the Central European Agreement on Free Trade (CEFTA) signatory states discussed cooperation on these rules, improved cooperation with companies with the aim of increased knowledge of the procedures for receiving certificates on the origin of goods, as well as harmonizing legislation with EU regulations.
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