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Australia and Serbia Continue SSA Negotiations — Orbitax Tax News & Alerts

Serbia's Institute for Social Insurance has announced that a new round of negotiations for a social security agreement with Australia was held from 3 to 4 March 2022. Any resulting agreement would be the first of its kind between the two countries and must be finalized, signed, and ratified before entering into force.

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NEGOTIATIONS ON A SOCIAL SECURITY AGREEMENT WITH AUSTRALIA

In Belgrade/Canberra on March 3rd and 4th, 2022, through a video conference, a new round of negotiations was held between the competent authorities of the Republic of Serbia and Australia, for the conclusion of the Agreement between the Republic of Serbia and Australia on social security.

At the meeting, the two delegations agreed on the text of the provisions of the Administrative Agreement for the implementation of the Agreement, which created the conditions for initiating the procedure for concluding the Agreement. The agreement between the Republic of Serbia and Australia on social security covers the field of pension and disability insurance and will enable persons who worked in the Republic of Serbia and Australia to exercise the right to a pension by accumulating insurance periods completed in both countries.