On 7 November, the EU and Serbia signed a Stabilization and Association Agreement (ASA). This agreement, which defines the respective rights and obligations of the signatories, provides a framework for the implementation of the reforms that will bring this potential candidate country closer to the EU. Negotiations on the ASA between the European Union and Serbia began in November 2005 and this agreement was signed in April 2008. Before it came into force, it was ratified by Serbia and THE EU Member States. The European Council`s decision on the conclusion of this agreement was adopted on 22 July 2013 and paved the way for it to enter into force on 1 September 2013. Similar SAAS have been in force since 2004 with the former Yugoslav Republic of Macedonia, 2005 with Croatia, 2009 with Albania and 2010 with Montenegro. IiA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of II A. The resulting database serves as a tool to understand trends in CEW development, assess the prevalence of different policy approaches, and identify examples of contracts. The Mapping of IIA Content allows you to browse the results of the project (the page will be regularly updated as new results become available). Please quote as: UNCTAD, mapping of IA Content, available at investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping Project Description – Methodology document Two of the most important commitments that the Republic of Serbia will make under this agreement are the creation of a free trade area and the harmonisation of the legislation of the Republic of Serbia with EU law. The agreement opens a free trade area between Serbia and the EU for a transitional period of six years. The deadline for trade liberalization is set in accordance with the ability of Serbian industry and agriculture to adapt to free trade, but also serbia`s desire to accelerate reforms and join the European Union. Serbia`s commitment is to phase out tariffs on goods from the EU during a transitional period.

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