Faculty of Economics
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Item type:Publication, Enhancing regional cooperation througn custom digitalization in CEFTA - 2006(University of Zagreb, Faculty of Economics and Business, 2019); ; ; The past decade of the existence and functioning of the CEFTA - 2006 has indicated that the performances of its members in regard to regional economic integration and trade liberalization have been unsatisfactory. The statistics point out that within the 12-year period of the creation of the CEFTA - 2006 the integrative process is at a standstill. In July 2017, under the so-called Berlin process, representatives of the CEFTA Parties, met in Trieste and decided to enhance the regional cooperation with the creation of regional economic area – an area which should not only eliminate all trade and non-trade barriers in trade in goods, but should also lead to complete liberalization of trade in services, capital and labor as well as digital integration. In order to achieve this, an Additional Protocol 5 to the Agreement on Amendment of and Accession to the Central European Free Trade Agreement has been signed, while Additional Protocol 6 is also planned to be signed and integrated in the following period. This paper will give a brief overview of the trade liberalization achieved within the CEFTA-2006, and the obstacles that were detected which prevented further regional integration. It will then focus on the Additional Protocol 5 and the further requirements on trade facilitation provided therein and will particularly focus on the process of digitalization with the aim of deeper regional economic integration. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, CEFTA-2006 towards creation of a regional economic area(“St. Kliment Ohridski” University –Bitola, 2018); ; The functioning of CEFTA-2006 within the 10-year period of its creation pointed out the low capacity and unsatisfactory performance of the region in regard of trade liberalization. In July 2017 under the Berlin Process, member-states decided to enhance mutual cooperation by taking the free trade area to a higher level – regional economic area - which should provide full liberalization in trade in goods and services; free movement of capital and labor and digital integration. For this purpose an Agreement on Amendment of and Accession to the Central European Free Trade Agreement is issued in which a new Protocol 5 on trade in goods is integrated, while Protocol 6 on trade in services is also planned to be adopted and integrated.The paper is going to give a brief overview of the achieved trade integration within CEFTA-2006; observation on the obstacles for full trade liberalization and trade facilitation by detection of non-trade barriers; and analysis of Protocol 5 that concerns deeper trade liberalization, as well as trade facilitation. The paper is going to give a brief overview of the achieved trade integration within CEFTA-2006; observation on the obstacles for full trade liberalization and trade facilitation by detection of non-trade barriers; and analysis of Protocol 5 that concerns deeper trade liberalization, as well as trade facilitation.