Zalazak ere multilateralizma kao determinanta spoljne politike Srbije
The declining multilateralism as a determinant of Serbia's foreign policy

Summary/Abstract: Two major events have shaped the world scene in the recent months, Brexit and the policy of the new Trump Administration. Both have emphasized the shift towards reassessing sovereignty against multilateralism. Unfortunately, the process of globalisation has not bolstered multilateralism. In fact, the opposite is true: The logic of national sovereignty has staged a comeback with major economies undermining cooperation on issues ranging from security to trade to climate change. The United States’ withdrawal from the Transpacific Partnership (TPP) and the TransatlanticTrade and Investment Partnership (TTIP) signalled, together with the withdrawal from the Paris Climate Agreement, a setback in multilateral diplomacy. On the other hand, the departure of the UK from the EU creates major uncertainties and possible adverse consequences for the future of the Union. Brussels is faced with a potential resurge of immigrants, as well as with the imperative of consolidating the Eurozone, a move that could split the EU into core countries and second-grade members. The paper is focused on the potential trends behind those developments which could shape the future of foreign policy of the Republic of Serbia.

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