The Serbian government will hold talks in Moscow next Monday on scrapping custom duties on cars imported to Russia, Serbia’s minister of economy and regional development has said.
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Mladjan Dinkic said the Serb proposal is in line with a free trade agreement, signed between Serbia and Russia in 2000, that allows Serbia to export goods to Russia without duties.
Volkswagen is said to be planning to build a plant in Serbia and is interested in supplying duty free cars to Russia.
Earlier this year Fiat signed a memorandum of understanding (MoU) with the Serbian government to establish a joint venture with local maker Zastava.
