Balkan leaders sign common market declaration –

Leaders from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia adopted a plan on Tuesday for a regional common economic market during an online summit held in Sofia, as part of the Berlin Process for the Western Balkans.

Belgrade wants to speed up the integration with the EU, but also strongly supports neighbouring countries like North Macedonia and Albania in their strive to join the bloc, as it is extremely important for regional stability and prosperity, said Serbian Prime Minister Ana Brnabić.

Speaking about the economic challenges caused by the COVID-19 pandemic, Brnabić advocated the expansion of the regional Western Balkans Green Corridors towards neighbouring EU member states. It would be an essential step for economic recovery and greater alignment of the Western Balkans with the EU, she added.

At the summit, co-hosted by Bulgaria and North Macedonia, Brnabić said Serbia was ready to join “the Single Euro Payments Area (SEPA), an EU initiative to simplify bank transfers, which she hoped would reduce the cost of regional payments and serve as a useful mechanism for post-pandemic recovery.

Later on Tuesday, the head of the EU Delegation in Serbia, Sem Fabrizi welcomed the adoption of the Declaration on Western Balkans common market, saying it would take the region closer to the bloc. ( |

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