Still no major decline in trade with Italy despite transport problems

In the wake of the global coronavirus outbreak, bilateral trade between Serbia and Italy has dropped but there is no significant decline for the time being, the head of the Italian industrial association Confindustria Serbia has said.

16 Mart 2020 16:15

BELGRADE - In the wake of the global coronavirus outbreak, bilateral trade between Serbia and Italy has dropped but there is no significant decline for the time being, the head of the Italian industrial association Confindustria Serbia has said.

The biggest problems have been registered in the transport sector because freight lorries have to go through strict border checks before crossing from Italy into Serbia and vice versa, which results in late deliveries, said Irena Brajovic.

"There is no major decline to speak of because we still have no measurable effects. There are problems in transport and we are witnessing major hold-ups, delays and various procedures introduced by countries in the region," Brajovic told Tanjug.

Italy is one of Serbia's most significant external trade partners and was its second-largest export partner and its fourth-largest import partner in 2019.

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