Recently, the free trade agreement between China and Serbia has officially come into effect, bringing unprecedented opportunities for trade cooperation between the two countries. According to the agreement, the two countries will implement tariff reductions on imported goods originating from each other, which will save significant costs for both companies and improve the competitiveness of their products.
Chinese exporters will benefit from tariff reductions, making their products more price competitive in the Serbian market. At the same time, this also provides convenience for Chinese companies to enter a wider European market. For Serbia, this agreement will promote its domestic economic development and bring more employment opportunities.
The entry into force of the free trade agreement not only brings tangible benefits to the enterprises of the two countries, but also injects new vitality into the economic and trade relations between the two countries. In the future, with the continuous deepening of cooperation between both parties, we believe there will be more business opportunities waiting for both companies to explore and seize.