Deputy Prime Minister and Minister of Trade, Tourism, and Telecommunications Rasim Ljajić will be staying in Ankara tomorrow, in the official visit to Turkey, where with the Turkish Minister of Economy Nihat Zaibekci he will sign the new Free Trade Agreement between the two countries, and the Agreement on encouraging and protection of investments.

The text of the Free Trade Agreement was initialled during the official visit to Serbia by the Turkish President Recep Tayyip Erdogan in October last year, and tomorrow’s signing will create conditions for ratification in the Parliaments of the two countries, and then for the beginning of its implementation.

Thanks to the new Free Trade Agreement between the two countries, it will be possible for the first time to have the customs-free export from Serbia to the Turkish market of defined quotas of beef, raw and refined sunflower oil, sunflower seed, and certain types of bakery products. It will also double the quotas for export of certain sorts of frozen fruit and vegetables from Serbia to Turkey.

Signing the Agreement on encouragement and protection of investments will create even more favourable environment for the arrival of new investors from Turkey to Serbia.

During his stay, Mr Ljajić will meet with the Deputy President of Turkish Government Mehmet Shimshek, and with the Minister for European Affairs Omer Chelik.