BiH in the International Energy Charter

Bosnia and Herzegovina joined in Brussels the International Energy Charter as the 76th member of this organization. This charter is the successor to the European Energy Charter. 

The Minister of Foreign Trade and Economic Relations Mirko Sarović said that this step is important for BiH, it does not require financial resources neither the political commitments, it is about compliance with the world's global energy principles, protection of natural resources, of the environment and the proper management of energy as a key natural resource.

The charter aims to establish a legal framework to promote long-term cooperation in the field of energy.

Also, the Charter contributes to creating a favourable climate for the operation of enterprises and the inflow of new investments.