
Rasim Ljajic, Serbia's Trade Minister, said on Tuesday his country would not join the Euro-Asian Economic Union (EAEU), but would only sign a free trade agreement with Russia, Belorussia and Kazakhstan, the Beta news agency reported.
His comment came after the European Union's officials expressed concern about Serbia's links with countries outside the bloc and those the Union had a different approach to, while at the same time negotiating the EU membership.
"The deal will be the same as we have with Turkey and (Central European Free Trade Agreement) CEFTA," Ljajic told the Belgrade pro-government Politika daily.
He added that EAEU had spread to Armenia and Kirgisia and decided to adjust the free trade agreement with third countries, including Serbia.
"It's not any kind of a new (Stabilisation and Association Agreement) SAA (which Serbia has with the EU)," Ljajic said, adding there was no politics, just trade.
"If we said we didn't want to sign, our existing free trade agreement with Russia would be jeopardized," the Minister added.
Belgrade will sign the deal with EAEU, which will replace all existing deals and include a broader list of customs-free products, on October 25
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