Chapter 30 – External Relations formally opened on 30 March 2015 at the Intergovernmental Conference in Brussels and provisionally closed on 20 June 2017 at the Intergovernmental Conference in Luxembourg.
Closing benchmarks?
The only benchmark in this chapter is for Montenegro to present to the Commission an Action Plan for remaining preparations for legislative alignment as well as alignment of international agreements with the acquis and improvement of administrative and control capacities to ensure full implementation and enforcement of the acquis in this chapter from accession.
When was the chapter opened and temporarily closed?
Chapter 30 – External Relations formally opened on 30 March 2015 at the Intergovernmental Conference in Brussels and provisionally closed on 20 June 2017 at the Intergovernmental Conference in Luxembourg.
Closing benchmarks?
The only benchmark in this chapter is for Montenegro to present to the Commission an Action Plan for remaining preparations for legislative alignment as well as alignment of international agreements with the acquis and improvement of administrative and control capacities to ensure full implementation and enforcement of the acquis in this chapter from accession.
What are the activities in the coming period?
Although the chapter is provisionally closed, Montenegro is actively working to implement activities in accordance with the Action Plan. It is the obligation of the acceding country to cancel all free trade agreements and to ensure that all treaties / agreements on trade, investment and economic cooperation are in conformity with the acquis.
What is the benefit to Montenegro of this chapter?
The implementation of the common trade policy is first reflected in the abolition of border control towards EU countries, which entails saving time and costs of the administrative procedure of forwarding as well as customs clearance for Montenegrin businessmen. This speeds up and reduces the flow of goods and services. Also, through this policy, investment opportunities will be increased by reducing existing trade barriers, making Montenegro an even more attractive destination for foreign investment inflows. This will create jobs and increase GDP, leading to even greater economic development of the country. In addition, lower prices and a greater choice of products from EU countries will also be available to Montenegrin consumers.
EU membership will also strengthen the possibility of entering into various forms of cooperation with partners from EU Member States. In that sense, regional cooperation will complete our country’s offer, that is, the placement of our products and services, so participation in EU development policy would enable Montenegrin businessmen to assist their investments in the development of third countries, which in turn will promote the placement and visibility of Montenegrin goods and services in the markets. of these countries. The conquest of new markets will promote the additional values that are characteristic of our country and define Montenegro as a serious competitor in the European and world markets. Ultimately, when Montenegro becomes a member, it will apply trade agreements that the EU has already signed or is currently negotiating with third countries.