{"id":130590,"date":"2019-09-05T20:10:06","date_gmt":"2019-09-05T20:10:06","guid":{"rendered":"https:\/\/www.bnreport.com\/serbia-stands-by-plans-to-extend-russia-trade-ties-despite-brussels-warning\/"},"modified":"2019-09-05T20:10:06","modified_gmt":"2019-09-05T20:10:06","slug":"serbia-stands-by-plans-to-extend-russia-trade-ties-despite-brussels-warning","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/serbia-stands-by-plans-to-extend-russia-trade-ties-despite-brussels-warning\/","title":{"rendered":"Serbia stands by plans to extend Russia trade ties despite Brussels warning"},"content":{"rendered":"<p>Serbian plans to enhance trade ties with Russia have triggered a backlash from the EU, but Belgrade is standing firm.<\/p>\n<p>The Balkan country wants to move forward with the signing of a deal with the Eurasian Economic Union, a Russian-led regional bloc, despite warnings from Brussels that the Balkan country would have to withdraw from all bilateral trade accords if it were to join the European bloc.<\/p>\n<p>A Serbian official told POLITICO that the country is \u201cvery well aware\u201d of its obligations as an EU accession candidate.<\/p>\n<p>Belgrade has had a trade agreement with Moscow since 2000 and plans to sign an additional agreement with the Eurasian Economic Union, whose members include Armenia, Belarus, Kazakhstan and Kyrgyzstan, on October 25.<\/p>\n<p>Serbian President Aleksandar Vu\u010di\u0107 met Monday with Alexander Bocan-Harchenko, the newly appointed Russian ambassador to Serbia, to discuss the signing of the deal, the Serbian official said.<\/p>\n<blockquote><p>\nThe country first applied for EU membership in 2009 and has been engaged in membership talks for years.\n<\/p><\/blockquote>\n<p>Brussels, however, hinted that such an extension of economic ties with Russia stands in contradiction to the countrys ambitions to join the EU.<\/p>\n<p>\u201cIn the context of its EU accession negotiations, Serbia committed to withdrawing from all bilateral free trade agreements on the day of its accession to the EU,\u201d a spokesperson for the EUs External Action Service said Wednesday.<\/p>\n<p>The country first applied for EU membership in 2009 and has been engaged in membership talks for years.<\/p>\n<p>\u201cThe EU remains Serbias most important trade partner, covering 63 percent of total trade, with very good dynamics of growth,\u201d the EEAS spokesperson said, adding: \u201cTrade with Russia is less than 10 percent of Serbias total trade.\u201d<\/p>\n<p>A European Commission <a href=\"https:\/\/ec.europa.eu\/neighbourhood-enlargement\/sites\/near\/files\/20190529-serbia-report.pdf\" rel=\"noreferrer noopener\" target=\"_blank\">report on Serbia<\/a> from late May said that Belgrades planned trade deal with the Eurasian <a href=\"https:\/\/www.politico.eu\/article\/serbia-stands-by-plans-to-extend-russia-trade-ties-despite-brussels-warning\/?utm_source=RSS_Feed&amp;utm_medium=RSS&amp;utm_campaign=RSS_Syndication\" rel=\"noreferrer noopener\" target=\"_blank\">Read More \u2013 Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Serbian plans to enhance trade ties with Russia have triggered a backlash from the EU, but Belgrade ..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-130590","post","type-post","status-publish","format-standard","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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