Serbia to start exporting Fiat cars to Russia duty-free soon

Russia is ready and had all the necessary procedures for duty-free import of Fiat cars produced in Serbia prepared, but it now needs to make agreements with the other member-states of the Eurasian Economic Union (EEU) - Belarus and Kazakhstan - as Russia cannot make such a decision unilaterally, Khripunov said.

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Russia has put the issue on the agenda of the Eurasian Economic Commission (EEC) meeting taking place on April 15, he added.

Khripunov said that it would be a reciprocal trade arrangement, approving duty-free import of certain Russian-made cars to Serbia in exchange for duty-free export of Fiat cars from Serbia to Russia. We expect at least 5,000 Kragujevac-made Fiat cars in the first batch, he said.

The possibility of duty-free import of passenger cars from Serbia to Russia was first discussed during talks between Serbian Prime Minister Aleksandar Vucic and Russian President Vladimir Putin on October 2014.

(Telegraf.co.yu/ Tanjug)