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Vučić proposes regional customs union

TANJUG_maliBELGRADE - Serbian PM Aleksandar Vucic on Friday handed to Austrian Chancellor Christian Kern a paper proposing the establishment of a free trade market and a customs union in the Western Balkan region, Serbian news agency Tanjug reports.

Christian Kern and Aleksandar Vučić; Photo: Tanjug / STF

The idea is aimed at “bringing our territories closer together” and facilitating the flow of goods, Vucic said.

We are losing 7 pct of profits due to trucks being delayed on border crossings, Vucic said, without giving the full details.

He said he had conducted the first consultations on the English-language document with Bosnia and Herzegovina PM Denis Zvizdic and Albanian PM Edi Rama.

“It was my idea, to make a free trade zone and a customs union, which will make us a bigger, more attractive market,” Vucic said, adding this was the future of the region.

“The richer we are, the better for us,” Vucic said.