3  BIS Review 98/1999  The target date of 2004 for the creation of a free trade zone implies that all intra-regional exchange controls should be abolished by then. However, the subcommittee on exchange controls felt liberalisation should be completed more rapidly. Controls that directly inhibit the cross-border flow of goods, services and capital should be tackled first.
*  *  *  Dear Ladies and Gentlemen, It is my pleasure to welcome all of you on behalf of the National Bank of Serbia and just before the start of the summer break period. I am sure that we will all have an eventful time period after the summer break, so enjoy every minute of your vacation!