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Trade Liberalization in South East Europe: Review of Conformity of 23 FTAs with the MoU

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  • Patrick Messerlin

    (GEM - Groupe d'économie mondiale - Sciences Po - Sciences Po)

  • Sébastien Miroudot

    (OCDE - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development)

Abstract

In June 2001, seven countries1 of South East Europe (SEE) agreed to conclude bilateral Free Trade Agreements (FTAs) in order to develop their mutual trade and promote economic integration in the region. This approach implied the signature of 21 agreements, of which 5 already existed. The 21 FTAs are now signed and their implementation has started. In 2002, Moldova joined the SEE liberalization process. With 8 countries, the network will eventually consist of 28 FTAs. This note takes account of the two first FTAs signed by Moldova (with Romania and Bosnia Herzegovina) and therefore it includes 23 FTAs. But it will focus mainly on the agreements signed by the original seven countries. The paper provides an analysis of this network of 23 FTAs and studies their compliance with the principles of the Memorandum of Understanding on Trade Liberalisation and Facilitation (MoU) of June 2001. It also deals with how well the FTAs comply the trade coverage (Section 1) and other requirements (Section 2) of the MoU and suggests possible procedures to ensure implementation and proper functioning of the Trade Agreements in the short term (Section 3).

Suggested Citation

  • Patrick Messerlin & Sébastien Miroudot, 2004. "Trade Liberalization in South East Europe: Review of Conformity of 23 FTAs with the MoU," Working Papers hal-00973098, HAL.
    • Handle: RePEc:hal:wpaper:hal-00973098
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-00973098
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    Cited by:

    1. Amir Hadziomeragic & Malgorzata Jakubiak & Nermin Oruc & Wojciech Paczynski, 2007. "Regional Free Trade Agreements of Bosnia and Herzegovina: analysis and policy recommendations," CASE Network Reports 0069, CASE-Center for Social and Economic Research.
    2. D’Artis Kancs, 2007. "Trade Growth in a Heterogeneous Firm Model: Evidence from South Eastern Europe," The World Economy, Wiley Blackwell, vol. 30(7), pages 1139-1169, July.
    3. Will Bartlett, 2009. "Regional integration and free-trade agreements in the Balkans: opportunities, obstacles and policy issues," Economic Change and Restructuring, Springer, vol. 42(1), pages 25-46, May.
    4. Bjelic, Predrag, 2005. "Trade policy of the European Union as a factor of regional trade in Southeast Europe," LSE Research Online Documents on Economics 23374, London School of Economics and Political Science, LSE Library.
    5. Kancs, d'Artis, 2007. "Trade Growth in a Heterogeneous Firm Model: Evidence from South Easten Europe," Working Papers of Institute for Economic Forecasting 071201, Institute for Economic Forecasting.
    6. Edward Christie, 2004. "Trade Flows in Southeast Europe," wiiw Balkan Observatory Working Papers 59, The Vienna Institute for International Economic Studies, wiiw.
    7. Ndoc Faslia & Fran Brahimi, 2012. "Effects of the free trade agreements on the development of the agriculture sector in the Balkan region," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 4(2), pages 108-113, Decembre.

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