This Law here regulates foreign trade operations among related procedural rules and penalty provisions, as in accordance with the rules of the World Trade Organization (WTO) and the regulations of the European Union (EU), as well as the competence of the Agency for Foreign Investments and Export Promotion. Foreign trade business is the foreign trade of goods and services and the performance of economic activities by a foreign person in the Republic of Serbia and a domestic person in another country or customs territory. Foreign trade in particular types of goods and services can be regulated separately in accordance with WTO rules and EU regulations. Foreign trade in weapons, military equipment and dual-use goods is regulated by a separate legislation.
Serbia · 2009-05-15