SERBIAN TEXTILE EXPORTS TO RUSSIA RISE, AS EU TRADE RELATIONS WORSEN

TEXTILE exports from Serbia to Russia have been increasing, as European Union (EU) exports fall amidst the continuing diplomatic standoff between Brussels and Moscow over the Ukraine crisis. The Serbian government has also been working to prevent EU exporters using Serbia as a backdoor conduit for textile re-exports to Russian markets, taking advantage of the 2000 Serbo-Russian free trade agreement. Indeed, speaking to WTiN.com, Serbia’s Deputy Prime Minister and minister of trade, tourism and telecommunications Mr Rasim Ljajić said that EU and Russian ...


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