THE EUROPEAN Union (EU) has struck a wide-ranging wool, textile and clothing trade deal with Serbia & Montenegro, where the EU will immediately abolish quota restrictions on Serb exports, for Belgrade phasing out of import duties on EU exports by 2008. Serbia & Montenegro wool already largely enters the EU duty free. Wool lines covered include: carded wool; wool tops and other combed wool; fine animal hair, carded or combed, various wool yarns and wool clothing and other made-up products.

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