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News and key updates

What is changing in Serbia’s trade with Eastern Europe, the Caucasus and Central Asia, and what it means for your business.

Serbia and Uzbekistan: a strategic partnership and a first step towards free trade

During the visit of Uzbekistan’s President Shavkat Mirziyoyev to Belgrade, the two countries established a strategic partnership and exchanged about twenty bilateral documents.

For business, the key documents are a joint statement on forming a working group to consider free trade negotiations, an agreement on customs cooperation and mutual assistance, and an agreement on international road transport of passengers and goods. A direct Belgrade–Tashkent flight was also discussed.

Trade between the two countries reached USD 42 million in 2025, and Serbian exports grew by 53.7%.

What it means for your businessA free trade agreement has not been concluded yet — the process towards it has started. Customs cooperation and the road transport agreement already make logistics easier. We follow the negotiations and will let clients know as soon as the terms change.

Duty-free trade with the EAEU: the agreement stands, amendments are coming

Since 10 July 2021, Serbian goods have entered Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia duty-free under the Serbia–EAEU Free Trade Agreement. Duty-free treatment covers about 93% of the tariff nomenclature.

In May 2026 the Supreme Eurasian Economic Council approved negotiations with Serbia on amendments to the agreement.

What it means for your businessThe preference applies only with a certificate of origin, and many products still need EAEU certification. Check your product’s HS code before signing — some goods are subject to exemptions and quotas. We will update our guide once the amendments are adopted.

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