The basic rules of foreign trade in goods were established by the provisions of Foreign Trade Act (“Off. Herald of RS”, Nos. 36/2009, 36/2011 – other act, 88/2011 and 89/2015 – other act) (hereinafter: Foreign Trade Act).

A foreign trade involving an individual type of goods and services may be regulated separately in keeping with the World Trade Organization rules and the European Union regulations.

Also terms of export, import and transit of goods are defined by the provisions of Foreign Trade Act as follows:

• The export of goods is carrying out, sending, i.e. delivery of goods from the territory of the Republic of Serbia to the territory of another state or customs territory, in accordance with customs regulations of the Republic of Serbia.
• The import of goods is carrying in, supplying, i.e. delivering goods from the territory of another state or customs territory to the territory of the Republic of Serbia, in accordance with customs regulations of the Republic of Serbia.
• The transit of goods is the crossing of goods through the customs territory of the Republic of Serbia, in accordance with customs regulations of the Republic of Serbia. Continue reading Foreign trade in goods according to the provisions of Foreign Trade Act →