News archive - EC Press release: EU reinstates trade preferences for the Western Balkans until 2015

The European Union re-established on December 30, 2011 the exceptional autonomous trade preferences, which it grants to all Western Balkans until the end of 2015. Western Balkan economies will therefore continue as of January 1 2011 to benefit from an unlimited duty-free access to the EU market for nearly all products.

Together with the bilateral Stabilisation and Association Agreements (SAAs) in place with all Western Balkans except Kosovo (UNSCR 1244), these trade preferences support economic integration with the EU and hence foster political stability and economic progress in the entire region.

The autonomous trade preferences should allow all Western Balkans to further benefit from the preferential trade regime, where this is more beneficial than the treatment foreseen in the SAAs. It should notably allow Kosovo to benefit from the current duty-free, quota-free treatment for almost all its exported products, since it does not have an SAA with the EU. Total exports of Kosovo to the EU amounted to about €147 mio in 2010.

Background

In 2000 the European Union established for the first time exceptional unlimited duty-free access to the EU market for nearly all products originating in the Western Balkans (Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo) in Regulation (EC) No 2007/2000). Only wine, sugar, certain beef products and certain fisheries products enter the EU under preferential tariff quotas, as negotiated under the SAAs. The regime was renewed in 2005, and due to expire on 31 December 2010.

Therefore, on 22 February 2010, the Commission proposed to extend this autonomous preferential regime until 31 December 2015. The European Parliament voted in favour of the Commission's proposal on 13 October 2011 and the Council adopted it on 24 November 2011. The tariff reductions under the new Regulation amending Council Regulation (EC) No 1215/2009, adopted today, are applied retroactively to allow exporters to claim compensation for the duties paid in 2011.

More information on EU trade relations with Western Balkans is available here: http://ec.europa.eu/trade/creating-opportunities/bilateral-relations/regions/balkans/

Source: Reference:  IP/11/1602    Date:  30/12/2011

Geographical focus
  • Western Balkans
Related organisations

Entry created by Ines Marinkovic on January 3, 2012
Modified on January 6, 2012