Signing ceremony 1 st June 2009 in Istanbul

1. FREE TRADE AGREEMENTSERBIA –TURKEYMinistry of Economy and Regional Development Government of the Republic of Serbia

2. Signing ceremony 1st June 2009 in Istanbul • Entered into force September1st,2010

3. Objectives of the Agreement • Trade liberalization; • Lliberalization of public procurement markets; • Protection of intellectual property; • Liberalization of services and investment; • Creation of fair conditions for competition; • Encouragement of mutual investment and cooperation in 3rd country markets.

4. Liberalization of industrial products Asymmetrical model based on SAA EU – Serbia • Duty free export to Turkey for all industrial products - Pan European Rules of Origin • Duty free export to Serbia for industrial products - Pan European Rules of Origin – exceptions apply to lists A,B, C

5. Liberalization of industrial products

6. Exception list in relation on SAA Serbia - EU

7. Liberalization of agricultural products • Animal origin products – excluded from duty free regime • Plant origin products – duty free regime • Quantitative quotas agreed upon for 68 products or clusters of products • Preferential tariff rate • 50% reduction by Serbian side • 50% to 90% reduction by Turkish side • Trade in products which are not covered by tariff quotas is carried out under the MFN regime.

8. Liberalization of agricultural products • Preferential import tariffs for Turkish products • sea fish; • pomegranate, hazelnuts, pistachios; • dried figs; • oranges; • mandarins; • grapefruit; • lemon; • grapes, • dried apricots; • olive oil; • canned tomato.

9. Liberalization of agricultural products • Preferential import tariffs for Serbian products • wheat; • corn, flour and soy mince fine; • frozen strawberries, raspberries, blackberries; roses; forest plants; • seed potatoes; • cabbage; • fresh peas, beans and string beans; • sweetcorn; • dried leguminous vegetables; • sugar-added sweet and sour cherries; • prunes; • anise seeds; • juniper berries; • other spices; • birdseeds; • beet seeds; • forage seeds; • vegetable seeds; • forest seeds; • volatile non-etheric plant oils, raw; • children’s food products; • canned cucumbers and pickles; • fruit juices; • soups and stews; • ice-cream; • protein concentrates, other not mentioned food products and wine.

10. Liberalization of agricultural products • Symmetrical preferential tariff quotas, approximately at the same level • tomato; • leek and other onion-type plants; • paprika; • margarine; • sugar products; • chocolates; • pasta and other bakery products with or without cocoa and cookies.

11. Protocol on Rules of OriginPan European Rules • Diagonal cumulation SER-Serbia, CRO-Croatia, MK-Macedonia, BA-Bosnia&Herzegovina, MNE-Montenegro, XK-UNMIK/Kosovo, MD-Moldova, AL-Albania, EU-European Union, EFTA-Norway, Swiss, Island, Lichtenstein, TR-Turkey

12. FTA Serbia - Turkey Economicand commercial advantages • Enhancing economic and commercial relations; • Abolishing trade barriers increase trade + mutual investments; • Promoting bilateral and regional preferential trade – cumulation of origin mechanism; • Predictability - transparent and regulated business environment; • Opportunities to improve production, sales and employment.

13. Serbia - Unique Export Potential EU EFTA Countries CEFTA Countries Free Trade Agreements Initiative to start negotiations with • EU • CEFTA • EFTA • Russia • Belarus • Turkey

14. Future economic cooperation • FTA Investments • Textıles& Clothıng ındustry • Automotıve and Auto-parts ındustry • Infrastructure • Energetic • Agriculture • Tourısm

15. www.merr.gov.rs Ministry of Economy and Regional Development Bulevar kralja Aleksandra 1511000 Belgrade, Serbia Phone: +381 11 2855-187 Fax: +381 11 2855-171