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Article 2Foreign trade shall mean the trading done between domestic and foreign persons on the basis of contracts concluded in keeping with domestic regulations and international agreements.
The conduct of business shall include a direct investment by and capital projects of a foreign person in the Republic of Serbia and investments by and capital projects of a domestic person in another state or customs territory.
For the purposes of paragraph 2 of this Article:
1) Direct investment shall mean the establishment of a company, branch, purchase of equity or shares of a company, recapitalisation of a company and any other kind of investment by a foreign person in the Republic of Serbia or by a domestic person in another state or customs territory.
2) Capital projects shall mean designing, construction and specialists work, engineering and all other works and services performed in/on buildings by a foreign person in the Republic of Serbia or by a domestic person in another state or customs territory.
