ISDS Case Map
North Macedonia
Ukraine is preparing to approve and update several free trade agreements (FTAs) with several European and Asian countries in the near future.
The request for arbitration charges that North Macedonia expropriated Amadeus’ investment in a hotel and commercial center in Skopje, all violations of the North Macedonia-Albania bilateral investment treaty, and seeks a damage award of at least $110 million.
The UK has signed a partnership, trade and cooperation agreement with North Macedonia.
President of Ukraine has formed a delegation to take part in negotiations with the Republic of North Macedonia on revision of the free trade agreement.
Ukraine and Macedonia will hold a round of negotiations on the revision of the provisions of the free trade agreement concluded in 2001.
Brussels has refused to renew the duty-free agreement with Macedonia. The free export resolution expired in December last year and documents for its renewal have not been prepared yet.
Bulgaria and Macedonia signed an economic cooperation agreement on December 15 2008, Bulgarian news agency Focus said.
The Central European Free Trade Agreement (CEFTA) needs one more country to ratify it before it can take effect.
"Any Free Trade Agreement can only contribute to strengthening regional co-operation, and we only expect positive results from that," said Macedonian Economy Minister Fatmir Besimi. [Macedonia Government]
Croatia, Bosnia-Herzegovina, Serbia-Montenegro, Kosovo, Albania, Macedonia and Moldavia are expected to become a unique free trade zone by the end of 2007.
