Committee on Regional Trade Agreements - Factual presentation - Free trade agreement between China and Serbia - Goods - Report by the Secretariat

FACTUAL PRESENTATION

FREE TRADE AGREEMENT BETWEEN CHINA AND SERBIA

(GOODS)

Report by the Secretariat

This report, prepared for the consideration of the Free Trade Agreement between China and Serbia, has been drawn up by the WTO Secretariat on its own responsibility and in full consultation with the Parties. The factual presentation reproduces as closely as possible the terminology used in the Agreement and in the comments provided and does not imply official endorsement or acceptance by the Secretariat of such terminology. The report has been drawn up in accordance with the rules and procedures contained in the Decision for a Transparency Mechanism for Regional Trade Agreements (_WT/L/671) and thus does not imply any value judgement by the Secretariat regarding the contents of the Agreement.

Any technical questions arising from this report may be addressed to Mr. Mombert Hoppe (tel: +41 22 739 6098 / mombert.hoppe@wto.org). Any statistical questions arising from this report may be addressed to Rowena Cabos (tel: +41 22 739 5185 / rowena.cabos@wto.org).

 


 

Table of Contents

 

Executive Summary.................................................................................................. 4

1   Trade Environment.......................................................................................... 5

2   Characteristic Elements of the Agreement............................................. 7

2.1   Background information.......................................................................................... 7

3   Provisions on trade in goods..................................................................... 7

3.1   Import duties and charges, and quantitative restrictions.......................................... 7

3.1.1   General provisions............................................................................................... 7

3.1.2   Liberalization of trade and tariff lines.................................................................... 8

3.1.3   Liberalization schedule......................................................................................... 8

3.1.3.1   China................................................................................................................ 8

3.1.3.2   Serbia............................................................................................................. 10

3.1.4   Tariff rate quotas............................................................................................... 12

3.2   Rules of origin....................................................................................................... 12

3.3   Export duties and charges, and quantitative restrictions........................................ 13

3.4   Regulatory provisions of the agreement................................................................ 13

3.4.1   Standards.......................................................................................................... 13

3.4.1.1   Sanitary and phytosanitary measures.............................................................. 13

3.4.1.2   Technical barriers to trade.............................................................................. 13

3.4.2   Safeguard mechanisms...................................................................................... 13

3.4.2.1   Global safeguards........................................................................................... 13

3.4.2.2   Bilateral safeguards........................................................................................ 13

3.4.2.3   Balance of payments safeguards..................................................................... 14

3.4.3   Anti-dumping and countervailing measures........................................................ 14

3.4.4   Subsidies and state-aid...................................................................................... 14

3.4.5   Customs-related procedures.............................................................................. 14

3.4.6   Sector-specific provisions on trade in goods....................................................... 15

4   General Provisions of the Agreement.................................................... 15

4.1   Transparency........................................................................................................ 15

4.2   Current payments and capital movements............................................................. 15

4.3   Exceptions............................................................................................................ 15

4.3.1   General exceptions............................................................................................ 15

4.3.2   Security exceptions............................................................................................ 15

4.3.3   Taxation............................................................................................................ 15

4.3.4   Other exceptions................................................................................................ 15

4.4   Accession and withdrawal..................................................................................... 15

4.5   Institutional framework......................................................................................... 16

4.6   Dispute settlement................................................................................................ 16

4.7   Relationship with other agreements concluded by the Parties................................ 16

4.8   Government procurement..................................................................................... 17

4.9   Intellectual property rights (IPRs)......................................................................... 18

4.10   Competition........................................................................................................ 18

4.11   Environment....................................................................................................... 18

4.12   Labour................................................................................................................ 18

4.13   Investment cooperation...................................................................................... 18

4.14   Electronic commerce........................................................................................... 18

4.15   Small and medium-sized enterprises (SMEs)....................................................... 18

4.16   Gender............................................................................................................... 19

4.17   State Trading Enterprises.................................................................................... 19

4.18   Economic cooperation......................................................................................... 19

Annex 1...................................................................................................................... 20