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Trade Liberalization in South East Europe: Review of Conformity of 23 FTAs with the MoU

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  • Sébastien Miroudot

    (OECD - Economics Department)

  • Patrick Messerlin

    (Sciences Po)

Abstract

In June 2001, seven countries1 of South East Europe (SEE) agreed to conclude bilateral Free Trade Agreements (FTAs) in order to develop their mutual trade and promote economic integration in the region. This approach implied the signature of 21 agreements, of which 5 already existed. The 21 FTAs are now signed and their implementation has started. In 2002, Moldova joined the SEE liberalization process. With 8 countries, the network will eventually consist of 28 FTAs. This note takes account of the two first FTAs signed by Moldova (with Romania and Bosnia Herzegovina) and therefore it includes 23 FTAs. But it will focus mainly on the agreements signed by the original seven countries. The paper provides an analysis of this network of 23 FTAs and studies their compliance with the principles of the Memorandum of Understanding on Trade Liberalisation and Facilitation (MoU) of June 2001. It also deals with how well the FTAs comply the trade coverage (Section 1) and other requirements (Section 2) of the MoU and suggests possible procedures to ensure implementation and proper functioning of the Trade Agreements in the short term (Section 3).

Suggested Citation

  • Sébastien Miroudot & Patrick Messerlin, 2004. "Trade Liberalization in South East Europe: Review of Conformity of 23 FTAs with the MoU," Sciences Po publications info:hdl:2441/8306, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/8306
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    Cited by:

    1. Bjelic, Predrag, 2005. "Trade policy of the European Union as a factor of regional trade in Southeast Europe," LSE Research Online Documents on Economics 23374, London School of Economics and Political Science, LSE Library.
    2. World Bank, 2003. "Trade Policies and Institutions in the Countries of South Eastern Europe in the EU Stabilization and Association Process : Regional Report," World Bank Other Operational Studies 14767, The World Bank.
    3. Will Bartlett, 2009. "Regional integration and free-trade agreements in the Balkans: opportunities, obstacles and policy issues," Economic Change and Restructuring, Springer, vol. 42(1), pages 25-46, May.
    4. Ndoc Faslia & Fran Brahimi, 2012. "Effects of the free trade agreements on the development of the agriculture sector in the Balkan region," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 4(2), pages 108-113, Decembre.

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