FIPA and CEATEC signed a Memorandum of Understanding

The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), Marko Kubatlija, and the Director of the Representative Office of the China-Europe Association for Technical and Economic Cooperation in Bosnia and Herzegovina (CEATEC), Chen Hui, signed a Memorandum of Understanding with the aim to promote and develop investment cooperation between the two countries. 

Both parties will make maximum efforts to promote and develop investment cooperation between Bosnia and Herzegovina and the People's Republic of China on the basis of cooperation and mutual benefit, through exchanging information, conducting market research activities, implementing promotional activities, and organizing training programs and expert exchanges.

The parties will cooperate in identifying investment opportunities, in discussions on investment opportunities, as well as taking necessary actions, within their respective jurisdictions, with the aim to expand economic activity between their home countries.

They will encourage activities such as joint participation in fairs, investment conferences and other events where products, service opportunities and investments can be presented.

The meeting discussed, among other things, the current cooperation between BiH and China, the cooperation of FIPA with the Chinese Embassy with a focus on the participation of representatives of the relevant institutions at the fair in Ningbo within the framework of the "Belt and Road" Initiative and education programs.

During 2025, more Chinese investments are expected in BiH, given the planned engagement of the Agency and CEATEC in the field of cooperation with Chinese businesspeople based on the Decision of the Chinese Government to significantly promote the Chinese economy abroad.