Eu Albania Trade Agreement

Trade with the region has increased by almost 130% over the past ten years, with total trade between the EU and the Western Balkans reaching 55 billion euros in 2019. Industrial products of Albanian origin exported to EU countries benefit from a preferential tariff of 0%. During agricultural products, the parties agreed on preferential tariffs and tariff quotas. See Chapter II “Agriculture and Fisheries,” Article 27 “Agricultural Products,” Article 28 “Fish products” and Protocol 2 “Regarding trade between Albania and the Community in the agricultural processing sector” of the Stabilization and Association Agreement. It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. The amendment and extension of the Free Trade Agreement with Central European Countries (CEFTA) was signed in Bucharest on 19 December 2006 and began to implement it in 2007. The countries implementing this agreement among themselves are Albania, Montenegro, Kosovo, Serbia, Bosnia and Herzegovina, Macedonia and Moldova.

From the beginning of the implementation of this agreement, they were not fully liberalized until after 2014, when all participating countries implemented Additional Protocol II to the agreement. Comprehensive agreement, exports to EU regions, fact sheets, aid to exporters In 2006, Albania signed the Stabilization and Association Agreement (ASA) with the EU. The agreement ratified in 2009 liberalised trade relations between the EU and Albania with regard to customs barriers for agricultural and industrial products. In 2000, the EU granted autonomous trade preferences to all Western Balkan countries. This preference, which expires at the end of 2020, allows almost all exports to enter the EU without tariffs or quantitative restrictions. Only sugar, wine, baby meat and some fishing products enter the EU under preferential tariff quotas. A Commission proposal to extend autonomous trade preferences until the end of 2025 is currently being considered by the European Parliament and the Council.