EFTA and Montenegro commence free trade negotiations

Published 01-04-2011
A first round of negotiations on a Free Trade Agreement between the EFTA States and Montenegro was held in Podgorica on 30 and 31 March 2011.

During the meetings, the parties made substantial progress towards the conclusion of a Free Trade Agreement (FTA) focusing on the liberalisation and facilitation of trade in goods. Protection of intellectual property rights and a chapter on trade and sustainable development were also agreed to be included into the future FTA.

The EFTA team was led by Ambassador Norbert Frick of Liechtenstein, while Mr Goran Scepanovic, Deputy Minister in the Ministry of Economy, led the Montenegro side. A second round of negotiations is foreseen for May 2011.