Abstract

Northern Macedonia is currently focused on the growth and promotion of trade liberalisation with the final target of integration into the European family. The Republic of Macedonia has implemented and continues to implement economic policies that promote a long term economic growth in line with regional and global economic integration as a result of the obligations that arise from the agreement with the World Organization trade. This study clarifies the economic impact model of its impact on CEFTA, EFTA and global market, competitiveness, implications of economic policies, and challenges in bilateral and multilateral agreements. Macedonia as the largest partner in the economic aspect of the European Union, what is statistically significant for economic growth.

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