Bosna Bank International and BBI VIP Business Club organized on 21st December in Sarajevo a business conference "New Possibilities - Saudi Arabia, Turkey and B&H".
The goal of this business gathering was to establish new and strengthen existent business connection between BIH, Turkey and Saudi Arabia and to strengthen B&H businessmen participation at these markets.
"We want to strengthen cooperation with Turkey and Saudi Arabia through these gatherings and to open door of cooperation to domestic businessmen and to establish direct contacts with investors from these countries. Organizing such meeting is not a primary activity of this bank neither it can have make any benefits, our basic activity is financing but in this way we want to encourage our clients and develop B&H economy by opening our market to domestic businessmen," BBI bank Director Amer Bukvic said.
The Head of the Management Board of the “Mostovi nade” Foundation Rasim Zorlak said that a certain number of B&H companies already exports successfully to markets of Saudi Arabia and Turkey.
"There are no obstacles for export of B&H products to these markets. Domestic producers, that are exporters, have to have necessary certificates which these markets demand. There are no biggest obstacles for export," Zorlak said.
Chances to export to these markets have especially those companies dealing with military industry, agriculture and food industry.
The B&H Presidency member Bakir Izetbegovic said that B&H has considerable and insufficiently used resources in ore, woods, unpolluted land, clear water, educated work force which can offer improvement to economic atmosphere.
"Last year, there were 11 times less direct investments in B&H compared to the previous year. This crisis can be overcome more easily thanks to friendship and economic cooperation with Saudi Arabia and Turkey," Izetbegovic said.
