kzkOwing to the intensified cooperation achieved between the Commission for Protection of Competition and the Embassy of the Republic of Korea in Belgrade, in addition to the agreement reached by CPC President, Dr Miloje Obradović, and recent Ambassador of the Republic of Korea in Belgrade, H.E. Dae Jong Yoo, designated representative from the CPC Division for Assessment of Concentrations, Ms Ivana Cvijović, has attended a ten-day practical training course at the Korean Fair Trade Commission, KFTC, offered as a part of its technical assistance program.

The goal of this technical assistance program is to advance the competition law and policy enforcement, as well as to enable the practical use of know-hows in order to allow more efficient promotion of competitive market environments of the program’s participating counties.

Each year, representatives of dozens of competition authorities from around the globe apply for the internship program at the Korean Fair Trade Commission, which is known as one of the most efficient competition authority in the world. The professional development program includes the advancement of theoretical and practical aspects and know-hows of competition law and policy enforcement relating to the areas of competition infringement and merger investigations. This is the first participation of a representative of the Commission for Protection of Competition of the Republic of Serbia in this program.

However, this is not the first time that the Republic of Serbia and the Republic of Korea cooperate in the field of competition policy. The Commission for Protection of Competition and the Embassy of the Republic of Korea in Belgrade have co-organized the “Knowledge-sharing seminar on Korean and Serbian competition law enforcement” in October 2017. As this type of event has proven highly beneficial in strengthening the knowledge of undertakings on competition policy in the Republic of Serbia, events of a similar kind are already planned for 2019.