Serbia: Serbia Adopts Important Agriculture Laws
On November 25, 2014, as part of Serbia’s EU Accession process and its Strategy for Agriculture and Rural Development, the Serbian Parliament adopted two new agriculture laws: the Law on Pre-Harvest Financing of Agricultural Production and the Law on the Protection and Sustainable Use of the Fishery Fund. The Law on the Pre-Harvest Financing of the agricultural production will facilitate farmers’ access to financing, especially at the time of field crop planting. Adoption of the law creates the possibility for establishing pre-harvest funding and it also offers the use of future crops as a form of collateral in securing a loan. The Law on the Protection and Sustainable Use of the Fishery Fund was needed to regulate sustainable management of natural resources, especially the part that involves the use of fish as a renewable natural resource. It regulates the catch, protection, and trade in fish and other animals that live in the water.
