Cefta Agreement Kosovo

The original CEFTA agreement was signed in Krakow, Poland, on 21 December 1992 by the Visegrád countries, i.e. Poland, Hungary and the Czech and Slovak Republic (then part of the Czech and Slovak Federal Republic). It entered into force in July 1994. Through CEFTA, the participating countries hoped to mobilise integration efforts into Western European institutions and thus join European political, economic, security and legal systems, thus consolidating democracy and the market economy. “I have warned of the measures that can be taken very soon against CEFTA countries that have violated the agreement. Soon, we will take action for fruits and vegetables to defend local production,” Shala said on June 26, according to a statement from the ministry. According to EU spokeswoman Kocijancic, the tariffs imposed are a “clear violation” of the CEFTA trade agreement between Bosnia and Herzegovina, Serbia, Montenegro and Kosovo. Macedonia, Albania and Moldova; all countries that aspire to EU membership in the near future. Kosovo`s Minister of Trade and Industry, Endrit Shala, has issued a new warning to Albania and North Macedonia for violating the CEFTA agreement.

Shala also said measures will be put in place against any CEFTA country that violates the agreement. As soon as a participating country joins the European Union (EU), its accession to CEFTA ends. Since 1 July 2013, the parties to the CEFTA Agreement are Albania, Bosnia and Herzegovina, Moldova, Montenegro, Northern Macedonia, Serbia and UNMIK on behalf of Kosovo. The trade agreement was put in place for the former communist countries to enable them to reconcile their economic and legal systems with the demands of the EU. Since its creation in 1992, countries such as Hungary and Romania have left the agreement after gaining full membership of the EU. The original agreement, signed in Poland in 1992, clearly states in Article 5 that “in trade between the parties, no new charge having equivalent effect to that of import duties may be introduced”. This recent disagreement between the EU and Kosovo is surprising. It was only last summer that the Union began talks between the decades-old country and its neighbour, Serbia, which still sees Kosovo as a southern province and not as an independent state. Pristina, the Kosovar capital, also hosted CEFTA Week last December, an event to discuss the state of the trade deal in a changing global economy.

This website provides a wide range of information on CEFTA 2006, including the organisational structures that monitor the functioning of the agreement; the text of the Agreement and all decisions of the Joint Committee; information on new trade issues covered by this Agreement and on the various projects and studies facilitating their implementation; and a description of the various partners assisting CEFTA parties in their efforts to develop trade and investment. . . .