Prospects of cefta
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Prospects of CEFTA. Objectives. CEFTA 2008 - 2011. CEFTA 2012 - 2015. Strategic partnerships deepened Investment Supply chains Transportation channels CEFTA implementation focused on Liberalisation of trade in services Elimination of NTBs Trade Facilitation Transparency.

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Prospects of CEFTA

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Prospects of cefta

Prospects of CEFTA


Objectives

Objectives

CEFTA 2008 - 2011

CEFTA 2012 - 2015

Strategic partnerships deepened

Investment

Supply chains

Transportation channels

CEFTA implementation focused on

Liberalisation of trade in services

Elimination of NTBs

Trade Facilitation

Transparency

  • All commitments and deadlines met

    • Liberalisation of trade in goods

    • Diagonal cumulation

    • Opening of PP Market

    • TBT notification

    • State Aid notification

    • IPR review

    • Non-discrimination in Investment

    • CEFTA Trade Portal


Challenges for the years to come

Challenges for the years to come

  • In 2012 – 2015, implementation of CEFTA is involving the domains for which

    • Objectives of liberalisation are not explicitly set up by the Agreement;

    • Ministries responsible for Trade might not always have a direct mandate over these domains, thus requiring involvement of other governmental bodies (e.g. elimination of NTBs, trade facilitation, liberalisation of trade in services, etc.);

    • These areas require technically complex discussions, as well as coordinated efforts of both policy making Ministries and law enforcement authorities at the same time;

    • As a consequence, the projects and initiatives to support the implementation are also getting technically demanding and increasingly complex.

  • Trade policy alone is not sufficient to optimise the impact of regional trade liberalisation and European integration.


Assumptions

Assumptions

  • Harmonisation efforts within CEFTA are aligned with the common objective to join the EU.

  • All decisions are promoting and not in anyway jeopardising the accession process of respective Parties.

  • No CEFTA specific standards or practice are introduced.


Cefta approach

“CEFTA Approach”

  • Analyse trade flows

  • Assess existing and potential barriers to trade

  • Articulate respective Parties interest

  • Identify potential area of multilateral/plurilateral interest

  • Cross-check with the respective EU accession priorities/plans

  • Agree on the scope of CEFTA negotiations


Key success factors

Key Success Factors

  • Strategic view– understanding strategic importance of trade and strengthening regional cooperation/partnerships

    • by the Parties in the context of their economic development, regional cooperation and accession to the EU

    • by the donors in the context of the impact of trade on promoting economic development in the Region

  • Coordination – efficient coordination required

    • among the Parties in the negotiations

    • within respective Parties administrations to develop Parties’ positions

    • between the Parties and the Secretariat to execute action

    • between the Parties, the Secretariat and international partners to seek for synergies and prevent overlapping of efforts

  • Sustainability – ensuring sustainability of the process as a prerequisite to success

    • discipline of all actors in programming and implementation of priorities

    • regular participation and appropriate representation in official meetings

    • active involvement in agreed activities

    • financial discipline


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