News in English

Northern Macedonia benefited by Kosovo’s 100% tax on Serbian goods

The biggest companies in Northern Macedonia have enjoyed great benefits by the 100% Customs tax that Kosovo has imposed on Serbian and Bosnian goods last November.

Northern Macedonia has raised the export of its products to Kosovo by 6.9%, according to the country’s Economic Chamber, adding that the profits would have been bigger if there wasn’t a lack of infrastructure.

The biggest barrier that slows down the trade exchange between countries is the Black highway, which would be only 12 km long. Another problem is related to the tariffs between both countries, which are considered very high.


Top Channel

Source link

Add Comment

Click here to post a comment

Leave a Reply