The Director of the BiH Foreign Investment Promotion Agency (FIPA) Milica Marković received the newly appointed BiH Ambassador to France Bojana Kondic-Panić with the aim to inform her about foreign investment trends in BiH and current economic cooperation between the two countries with a focus on French investments in BiH.

As of December 2020, according to the Central Bank of BiH, France has invested around EUR 17 million in Bosnia and Herzegovina, and currently more than 50 companies with French capital are active in the country.

It was stated that French investments are at an unsatisfactory level, and that we should work more proactively on the promotion and attraction of new investors from this country, including cooperation with the French Development Agency. It is the oldest Development Bank in the world, which is present in more than a hundred countries, and their office in BiH is expected to open.

The French Development Agency invests around € 11 billion a year in various fields.

Director Marković believes that in addition to intensifying economic diplomacy and establishing as many contacts with the business community in France, political lobbying in the interest of Bosnia and Herzegovina is very important, respecting the fact that France and Germany are pillars of the European Union.

FIPA will provide all necessary information in order to timely inform the French business community about investment opportunities, including all economic sectors that are promoted as attractive for foreign investments.