Enhancing business cooperation between Bosnia and Herzegovina and Japan

The Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), the Foreign Trade Chamber of Commerce of BiH in cooperation with the Japanese Foreign Trade Organization (JETRO) in Vienna and the Embassy of Japan in Bosnia and Herzegovina organized a visit of the Japanese business delegation to Bosnia and Herzegovina, which is the first visit of the business delegation from Japan to Bosnia and Herzegovina, since establishing diplomatic relations between the two countries. 

The first day of the visit, on 6 October 2016, at the premises of the Chamber it was organized a seminar and presentations on business and investment opportunities for Japanese business.

Businessmen from Japan, representatives of 13 Japanese companies, were addressed by Phd Bruno Bojić, president of the Foreign Trade Chamber of Bosnia and Herzegovina, Blaženka Mišković, Deputy Director of the Foreign Investment Promotion Agency of BiH (FIPA), H.E.Kazuya OGAWA, Ambassador of Japan to BiH and Mr Satoshi Abe, Managing Director of JETRO WIEN.

In their address it was pointed out that Bosnia and Herzegovina has a lot of potential, both in terms of the energy and manufacturing sectors, as well as in agriculture, the metal sector, construction and tourism, and that BiH’s representatives should work on increasing the inflow of Japanese investments in BiH, but also on increasing the foreign trade between Bosnia and Herzegovina and Japan, whose volume in 2015 was around 10 million EUR.

Given that Japan is one of the largest donors in the country, the president Bojić took the opportunity and thanked Japan for its assistance provided to BiH, and stressed that today they will talk about business, about that BiH can offer to Japan and vice versa, and what are the areas where they can cooperate.

During the seminar a representative of FIPA Nina Pobrić had a presentation on the business environment and investment opportunities in Bosnia and Herzegovina, as well as a representative of the Council of Foreign Investors of BiH.

There was also a panel discussion, in which foreign investors in BiH presented their experiences of doing business in our country.