The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić spoke on June 13, 2018 in the Agency's headquarters with the USA Ambassador to BiH H.E. Maureen Cormack on the economic situation in BiH with a focus on inflows of foreign investments, the trend of growth in investments in 2017, the USA investments in BiH, and the joint activities that the USA Embassy and FIPA can take with the goal of greater inflow of investments to BiH.

Mr Milinić informed the Ambassador about the activities that the Agency implements in the field of attracting foreign investors, presenting opportunities for investing in Bosnia and Herzegovina, finding new investors for BiH, and providing support to investors from registration of an activity until the completion of the project, as well as about the work of the Collaborative Network for Post-Investment Support to Investors.

Considering the strong engagement of the USA administration and the support that it has been providing to Bosnia and Herzegovina for many years, it was also expected a significant presence of American companies in BiH.

The Ambassador Cormack emphasized the importance of the further improvement of the business environment in BiH that would ensure healthy competition in the market and made simpler and more transparent all business procedures.

It was noted that a stronger engagement of the BiH competent institutions with the support of American friends and diaspora could lead to an increase in the number of American companies in BiH, which, in addition to employment, would contribute to the increase of the living standard of citizens.

The USA Embassy and FIPA will exchange information on investment conferences and conferences that are interesting from the point of view of attracting investment in BiH, and will continue to cooperate in order to promote the BiH's investment potential.

During 2018, FIPA had meetings with several USA investors who expressed interest in investing in several locations in BiH, provided them with logistical support for site visits, and now a final decision on investment is expected.