The FIPA Director, Jelica Grujic, received on 12th January 2012 the Ambassador of the Kingdom of Norway in B&H, H.E. Vibeke Lilloe, at the FIPA residence in Sarajevo.

It was discussed on business environment and possibilities for investing in B&H. 

The FIPA Director made H.E. Vibeke Lilloe familiarized with the Agency's activities and future plans regarding promotion of Bosnia and Herzegovina as an attractive destination for investing.

The Ambassador Lilloe expressed willingness to implement in close cooperation with FIPA a series of projects in order to promote B&H opportunities.

According to data of the B&H Ministry of Foreign Trade and Economic Relations, the value of the total Norway investments in B&H from 1994 to 2010 amounts to 6.1 million BAM.
In the first nine months of 2011, foreign trade of B&H with Norway was increased. According to data of the B&H Agency for Statistics, from January to October 2011, the B&H trade export with Norway amounted to 13.7 million BAM.

In the first nine months of 2011, the B&H companies’ export to Norway amounted to 9.5 million BAM, which represented increase of 41,5% compared to the same period in 2010.

From January to October 2011, import from Norway amounted to 4.2 million BAM, which represented increase of 87,7% compared to same period in 2010.