Project Description
The project assists the countries in the Western Balkans in liberalizing
trade and further aligning with rules on EU practices linked to the
Central European Free Trade Agreement regional trade agenda. The overall
goal is to stimulate economic development of these countries by further
reducing trade logistics constraints and harmonizing border clearance
through regional cooperation. Specific objectives (by project completion)
include: 1) reducing by 20 percent the number of documents related to
trade; 2) reducing by 20 percent the number of days to import or export;
3) implementing reforms to improve procedures related to the flow of cargo
and trade, including agency coordination in air, road, and river
transportation routes; and 4) achieving at least $10 million in aggregate
private sector savings (within one year of project completion) across all
seven targeted countries.