Trade Logistics South East Europe

completed

The project assists the countries in the Western Balkans in liberalizing trade and further aligning with rules on EU practices linked to the Central European Free Trade Agreement regional trade agenda. The overall goal is to stimulate economic development of these countries by further reducing trade logistics constraints and harmonizing border clearance through regional cooperation. Specific objectives (by project completion) include: 1) reducing by 20 percent the number of documents related to trade; 2) reducing by 20 percent the number of days to import or export; 3) implementing reforms to improve procedures related to the flow of cargo and trade, including agency coordination in air, road, and river transportation routes; and 4) achieving at least $10 million in aggregate private sector savings (within one year of project completion) across all seven targeted countries.