FIPA Activities

FIPA Director at a meeting with the Ambassador of the Federal Republic of Germany to BiH

3/11/2021

- It was agreed to continue cooperation on attracting foreign investments from Germany

The FIPA Director Milica Marković informed the Ambassador of the Federal Republic of Germany to BiH, HE Margret Uebber on the work and responsibilities of the Agency, noting that FIPA provides information, analysis and advices to potential investors on the business and investment environment, including legislation relating to foreign direct investments. There is also information on economic developments in the country, presentation of investment opportunities, including investment projects in the development phase or projects that are already ready for implementation providing assistance to potential investors and those who have already invested in the country through the "aftercare" program and cooperation with local, regional and international organizations with the aim to improve the investment environment.

She also spoke about the activities that FIPA intends to carry out at the German market in the coming period, which include the organization of "outreach" campaigns and participation in certain fairs.

The Director Marković agreed with the Ambassador Webber and the Head of the Embassy's Economic Department Michael Passlick to intensify cooperation, including FIPA's participation at the meetings of the Permanent Working Group between the Federal Republic of Germany and Bosnia and Herzegovina.

It was pointed out at the meeting that the Federal Republic of Germany and Bosnia and Herzegovina have maintained close diplomatic relations for more than 25 years, that Germany is very important for Bosnia and Herzegovina and its companies, and FIPA itself in terms of attracting foreign direct investments and intensifying economic and trade cooperation.

Germany, as a country with invested 752.2 million BAM, is on the list of countries most important investors in BiH, and for years it has been the most important bilateral trade partner of Bosnia and Herzegovina.

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“Bosnia and Herzegovina is a place where businessmen from the West make contacts with those from the East. Bosnia is a heart of Europe and an ideal place for connecting people”.

Wernwr Albeseder, president of consulting company "Prime" from Austria.

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