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Serbia Need Focus on U.S. as Trade Benefits Extended, SIEPA Says

Serbia needs to focus more on exporting goods to the U.S. after being granted an extension of preferential trade conditions, The Balkan nation’s Investment and Export Promotion Agency, or SIEPA, said.

The U.S. extended trade benefits for Serbia to July 31, 2013, under a broader extension of its Generalized System of Preferences, Belgrade-based SIEPA said in an e-mail today, “reminding exporters to take advantage” of the status.

Serbia can export without duty 4,650 industrial and agricultural products, as long as they are at least 35 percent made inside the country. The benefits exclude textiles, leather goods, steel, glass and electronics.

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