President of the Commission for Protection of Competition Dr. Miloje Obradović and Vice-Minister of the State Administration for Market Regulation of the People’s Republic of China Ms. Gan Lin, have signed the Memorandum of Cooperation between the two institutions in Belgrade, Serbia.

The signing of this document creates space for putting in place cooperation between the two authorities and improving antitrust policy in the Republic of Serbia, in addition to creating even more favorable conditions for the continued development of bilateral relations between the two countries.

The objective of the Memorandum is the implementation and effective competition law enforcement given its importance for efficient business performance, well-being of consumers, as well as trade relations between China and Serbia.

It is envisaged that the cooperation between the State Administration for Market Regulation of the People’s Republic of China and the Commission for Protection of Competition of the Republic of Serbia will take place through the technical cooperation by means of training programs, workshops and research-related coordination, organization of meetings between Chinese and Serbian high officials working in the competition policy field, drafting specialized analyses and exchanging experiences concerning the implementation of competition law regimes.

Members of the CPC Council and representatives of the Commission’s Administrative and Professional Service have attended the signing ceremony, in addition to high-level representatives of the State Administration for Market Regulation of the People’s Republic of China.

This Memorandum of Cooperation is the fourteenth document of that kind that the Commission has signed with competition authorities from around the world.