o:30062 Serbia Internationally International Trade and Integrations en Abstract: Serbia has re-emerged as a subject of international trade in 2006 after a long period of economic sanctions and trade isolation. Its trade with the world is under the potential and its exports include low-processed products. The main trade partners of Serbia include the European Union (EU), other signatories of the Revised Central European Free Trade Agreement (CEFTA 2006) and the Russian Federation. But the EU also dominates as the main FDI investor in Serbia. Concerning regional trade integration, Serbia is a member of CEFTA 2006 integration that represents a free trade area in the Western Balkans. Serbia also aspires to become a member of the EU and is in the accession process. At present, 16 chapters are opened for negotiation out of 35 in total. The World Trade Organization is the main global trade institution, but Serbia is not a member yet and this has a significant impact on its treatment in global trade relations. Keywords: Foreign direct investment (FDI), Trade balance, Merchandise trade, Commercial services, European Union, CEFTA 2006 1552099 10.1007/978-3-030-74701-5_19 1552100 978-3-030-74700-8 2023-06-06T13:14:09.622Z 44 no 46 Predrag Bjelić Univerzitet u Beogradu Ekonomski fakultet 12871271 0000-0002-9777-8403 Ivana Popović Petrović Univerzitet u Beogradu Ekonomski fakultet person 13835111 0000-0003-1994-3300 application/pdf 826129 https://phaidrabg.bg.ac.rs/o:30062 no yes 1 70 1556235 11A03 The Geography of Serbia. World Regional Geography Book Series 251 259 2022