What is the status with EFTA countries – Switzerland, Norway, Iceland, Liechtenstein?
A preliminary declaration of cooperation was signed with EFTA in December 2000, pledging asymmetrical treatment of Serbian and Montenegrin products in the markets of the four member countries. This declaration has paved the way for a future free trade agreement between EFTA and Montenegro. At the first official meeting of the working group in September 2001, EFTA has ascertained its commitment to following the dynamics of the liberalization of Montenegro trade with the European Union. 49. Which countries are Montenegro’s major foreign trade partners? Major foreign trade partners are: Italy, Slovenia, Switzerland, Greece and neighboring countries. 50. Are there any Free zones in Montenegro and by who it may be established? The Law of Free Zones was adopted in 2004, providing the possibility for opening free zones. A free zone may be established by one or more domestic or foreign natural or legal persons. The Government of the Republic of Montenegro makes the decision to found the zone.
