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Central European nations join free trade agreement

1/6/2007 9:27:38 AM

Ten Central European countries – Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo (under UN auspices), Macedonia, Moldova, Montenegro, Serbia and Romania – on Thursday signed a free trade agreement.

 

The trade pact consolidates 32 existing bilateral free trade agreements, will help non-World Trade Organization countries prepare for membership and possibly lead to accession to the European Union as economic cooperation expands.

 

The Central European trade agreement covers a market of some 25 million people.

 

 Journal of Commerce
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