100% tax not lifted, Serbia is losing millions of euros every day

100% tax not lifted, Serbia is losing millions of euros every day

It has been two and a half months since Pristina authorities imposed a 100 per cent tax on goods from Serbia and BiH. In this period, according to information from Serbia's Chamber of Commerce, about 90m euros of goods from Serbia have been cracked in the Kosovo market. While according to Kosovo media, in that period Serbia [...]

In this period, according to information from Serbia's Chamber of Commerce, about 90m euros of goods from Serbia have been cracked in the Kosovo market. While according to Kosovo media, at that time Serbia lost about 100m euros.

“If we take into account that we lost 20m euros in November, in December 35m, and if the December trend continues, it would be around 90m euros in losses”, the head of the Centre for Regional Co-operation Aleksandar Radovanovic said. He added that this assessment also includes the average trend of increasing goods sales in Kosovo by eight percent in the first 10 months of 2018.

“The data is such that we cannot evaluate the final damage for all companies operating with Kosovo, but as much as the measures last, will be more unfavourable for our businessmen, as someone else has taken space. We all understand that if taxes remain in effect, it will be difficult to return to this” market, Radovanovic told Tanjug.

Otherwise, Kosovo has imposed a ten - percent tax on November 6th for goods from Serbia and has subsequently raised them from November 21st to 100 per cent.

Kosovo Prime Minister Ramush Haradinaj has repeated several times that the tax will be lifted at the moment Serbia recognises the state of Kosovo.

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