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Tag: trade agreement

Customs wars in the Balkans

The implementation of the Central European Free Trade Agreement (or CEFTA) offered hope of economic growth and more efficient integration with the EU. However, differences in the trade balance and international political disputes have hindered the region's economic integration. The recent trade wars could threaten it altogether.<.I>

The idea of free trade has become so well incorporated into the public discourse on European integration that any infringement of its principles is either overlooked as a minor incident or unintended behaviour of a less experienced partner. Meanwhile, a regular customs war broke out in the Balkans. Slowly and quietly, in a manner unusual for the region, the Balkan governments have mustered their best warriors to fight their enemies in the trenches of bureaucratic regulations. The very traditions of the Byzantine and Ottoman courts laid the foundations for impermeable administrative fortresses hampering free trade and European integration of the region.

March 5, 2019 - Jan Muś

EU-Ukraine Trade Agreement. Challenges and Opportunities

In April 2015 Ukraine was granted free access to the European Union’s internal market due to the EU’s unilateral elimination of both tariff and non-tariff barriers. In 2015, 98.1 per cent of EU’s tariff duties were cancelled under the provisions of the Deep and Comprehensive Free Trade Agreement (DCFTA) with Ukraine. In practice this means that Ukrainian producers can now sell their products to EU customers without paying custom tariffs on most goods. Apart from simple trade liberalisation through the removal of custom tariffs, the DCFTA also introduced the reduction or removal of non-tariff barriers, the liberalisation of an investment regime, the liberalisation of trade in services and the harmonisation and mutual recognition of regulative and institutional frameworks related to trade and investment.  

May 30, 2016 - Maryna Kornilova

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