Central European Free Trade Agreement (CEFTA)

Country / jurisdiction: Montenegro · Year: 2007 · Status: In force · Level: International · Type: Voluntary

The Central European Free Trade Agreement (CEFTA) provides for the reduction or elimination of import tariffs for most industrial and energy sector products, including :

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries;

Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Semiconductors devices and photovoltaic cells;

Rule of origins apply. In order to qualify for preferential tariff treatment, good must be wholly obtained or produced in one of the Parties' territory, or should not incorporate non-originating materials valued at more than 40-50% of the ex-works price of the final product.

Official source: https://www.dogana.gov.al/english/dokument/2124/cefta-2006