The BiH Foreign Investment Promotion Agency (FIPA) Representatives Dika Mustafić-Cokoja, Jovana Anđić and Nina Pobrić had a meeting with the newly appointed BiH Ambassador to Libya Senad Mašović and the non-resident ambassador for Tunisia.

During the meeting, they discussed the competences and activities of FIPA, the advantages of the BiH business environment for foreign investors, as well as attractive sectors for Libyan investors such as the steel and metal industry, construction and engineering, food, wood industry and tourism.

They discussed the initiated procedure for signing the Memorandum on cooperation between FIPA and the partner Libyan agency, and the agreed organization of a business forum with the aim to present investment potentials and improve trade cooperation between BiH and Libya.

More than 30 local companies were operating in Libya, while only ten are currently active. The stabilization of conditions in Libya will certainly contribute to the conclusion of new business deals.

Companies from BiH are increasingly showing interest in the market of the Maghreb countries, and FIPA proposed to the competent institutions to consider possibilities for signing a free or preferential trade agreement.