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Kosovo To Lift Tariffs On Serbian Products March 15

27.02.2020 23:12

‘It is a sign of readiness for trade and economic agreement with Serbia,’ Kosovo’s prime minister says.

Kosovo will abolish 100% taxes imposed on import of raw material from Serbia and Bosnia Herzegovina on March 15, Kosovo's prime minister said on Thursday.

Albin Kurti, who took office earlier this month, termed the move as "a sign of goodwill."

"It is a sign of readiness for a trade and economic agreement with Serbia. We urge Serbia to commit itself to stopping the de-recognition campaign against Kosovo," the prime minister said.

He said if the Serbian side does not respond positively, the tariffs will be reimposed from June 5th.

In 2018, Kosovo imposed 100% customs duty on products imported from Serbia and Bosnia and Herzegovina.

The move was part of efforts to make Serbia recognize Kosovo's independence. It marked the end of talks between the two countries initiated by the EU in 2011.

Over the past two years, Kosovo ignored repeated calls from the EU and the U.S. to withdraw the tax.

Kosovo declared independence from Serbia in 2008 but Belgrade insists the country is one of its provinces.

The international community has also remained divided on recognition of Kosovo as a sovereign state.

Over 100 countries, including the U.S., Britain, France, Germany, and Turkey, have recognized Kosovo's independence, while those who have not include Serbia, Russia, and China. -



 
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