The delegation of the Kingdom of Saudi Arabia visited FIPA

The Assistant Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina Slavica Korica received the delegation of the Kingdom of Saudi Arabia led by Abdullah AlMasoud, trade attaché of the KSA for Europe. 

At the meeting, it was emphasized that the goal of the meeting is to strengthen cooperation between the institutions of the two countries, and to exchange information about the services and information that FIPA provides to potential and existing foreign investors.

The delegation was informed about the work of the Agency, the services and information it provides to potential investors and the ways of cooperation with other organizations and institutions.

Data on past and announced investments from Saudi Arabia, as well as the sectors in which investments were made, were also presented.

It was concluded that it is necessary to initiate and continue activities on the conclusion of bilateral agreements on the promotion and protection of investments and the avoidance of double taxation, which would certainly contribute to a greater inflow of investments in Bosnia and Herzegovina from Saudi Arabia.