International convention and customs procedures of Montenegro

International Conventions

Member of the World Trade Organization (WTO)
Party to the Kyoto Protocol
Party to the Washington Convention on International Trade in Endangered Species of Wild Fauna and Flora
Party to the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal

International Economic Cooperation

Montenegro benefits from the European Union ATP protocol (Autonomous Trade Preferences) which allows it to export to the EU without Customs duties on 95% of products.

The country has signed a free trade agreement CEFTA which gives it access to the south-east free market, which represents 30 million consumers.

The free trade treaty signed with Russia allows Montenegrin products free access to Russia, that is to a market of 150 million consumers.

Non Tariff Barriers

Montenegro has liberalized its foreign trade and done away with non-tarrif barriers.

Customs Duties and Taxes on Imports

Customs duties are 3%, which is very low in comparison with other countries in the region.

Customs Classification: The Law on Customs tarrifs came into force on 1 January 2006. This Law was adjusted to the Harmonized System on 23 March 2007, and to the tarrif classification of the EU. The new regulations provide for a classification of 10 229 products divided into 97 classes. Customs duties are calculated on the basis of an ad valorem rate, that is to say that fixed rates of duty are applied to the value of the goods imported. There are 14 different rates, from 0% to 30%.
Import Procedures: Montenegro is a small country but it remains open to foreign trade. Import procedures are very liberal. The Law on foreign trade came into force on 21 April 2004 in order to conform to EU and WTO standards.
Importing Samples: Duties for importing samples are free if the unit price does not exceed 50 EUR and the total does not reach 3 000 000