Presentation of FIPA at Business Forum Hungary-Bosnia and Herzegovina

The Foreign Trade Chamber of BiH in cooperation with the Chamber of Commerce of Hungary, organized on 3 October 2016 in Sarajevo a Business Forum Hungary-Bosnia and Herzegovina, with the participation of companies from Hungary from food, metal-processing, ICT, and wood-processing sector. 

On that occasion, Nina Pobrić, Head of Investment Promotion Department of FIPA, had a presentation on the comparative advantages and investment potentials of Bosnia and Herzegovina. She pointed out that there are many facts indicating that Bosnia and Herzegovina is a country interesting for investment. These are: good geo-strategic position, national treatment of foreign investors, high-quality natural resources, educated and cost-competitive workforce, a developed banking sector and a stable currency, low tax rates, a number of agreements on free and preferential trade, low operational costs, attractive green-field and brown-field investment locations, and attractive projects in the energy sector, metal processing, wood and textile industry, very serious agricultural capacities for the production of healthy food as well as great potential in the tourism sector.

Important information for businesspeople was opening of a credit line of 61.5 million EUR by the Hungarian Eximbank to support the development of export capacity among the Hungarian and BiH business partners.

Attendees were addressed by the representative of the BiH Foreign Trade Chamber, the Chamber of Commerce of Hungary, the Hungarian Embassy in BiH, and after that business meetings were held between businesspeople of the two countries.