In preparation for the new diplomatic mission, the newly appointed Ambassador of BiH to Norway Nedim Makarević visited the Foreign Investment Promotion Agency of BiH (FIPA) to in order to get information about the Norwegian investments realized so far in BiH, the current economic cooperation between BiH and Norway and the possibilities for improving investments and trade between the two countries.

Investments of Norway in BiH amount to only 10.5 million BAM, while in 2016 and 2015 there were no registered investments. The first Norwegian investment in BiH is Norfish Blagaj, while Arifagić Investment Trnopolje, Kozarac, represents the investment of BiH Diaspora from Norway, financially supported by the Government of Norway.

The Director Gordan Milinić informed the Ambassador about the need to establish contacts first with the Trade and Industry Chambers of Norway in order to promote the possibilities of the BiH economic sectors, and to establish a closer cooperation with the BH diaspora which has 48,000.

It was agreed that the Ambassador Makarević try to gather Norwegian business community in early 2018 to present the opportunities for investing of Bosnia and Herzegovina, in which FIPA will actively participate.

FIPA has information on the increased interest of Norwegians in investing in BiH, a doubled budget of the Norwegian Government to provide assistance for economic development and job creation to developing countries, including Bosnia and Herzegovina, as well as readiness to support investments in BiH sectors of agriculture, energy, mining and metal sectors, and furniture production.