One year ago, Serb signed the tax-free textile export contract with EU. Last year, fashion export had exceeded 0.3billion USD.
The statistic from Serb Chamber of Commerce showed that Serb's fashion export in 2006 is anticipated to reach 0.5billion USD, surplus reaching 0.1billion USD. The chairman of Serb Textile, Leather& Shoes Producer League introduced that Serb is building jeans factory instead of importing jeans from Turkey and Far East. Serb should import 10million -15million Square meters jeans every year to produce jeans exported to EU.
Besides, illegal light textile trade in Serb is furious. The statistic from Serb Chamber of Commerce shows that annual sale of textile, fashion, shoes in black market exceeded 0.7billion Euro. The sale, import of above products has exceeded the one of oil, cigarette, and liquor.