Within the preparations for the diplomatic mission, the Newly Appointed Ambassador of BiH to Montenegro dr Vinko Radovanović visited the Foreign Investment Promotion Agency of BiH (FIPA) to get informed about current investments and economic exchange between the two countries.
The Agency
Director Gordan Milinić informed the Ambassador about the work of FIPA on
attracting foreign investments, cooperation with foreign investors, finding an
appropriate investment project in BiH for investors, and cooperation with
relevant institutions in improving the business environment in the country.
The Ambassador
is thoroughly informed on the economic potentials that BiH has in all economic
sectors that could be of interest to foreign investors, the country's
competitive advantages, and the currently available investment projects that
FIPA has and offers to investors, about which dr. Radovanović will be able to
further inform the Montenegrin economic community and beyond.
The current
inflow of investments from Montenegro to BiH amounts to 12 million BAM, and it
does not follow a good political, cultural, educational and neighbourly
relationship.
Bearing in
mind the modest inflow of investments, the Ambassador is expected to establish
contacts with the economic associations of Montenegro and other competent
institutions that could contribute to increase the inflow of investments as
well as the economic exchange of the two countries. Also, the ambassador is
expected to offer the BiH projects to foreign investors running business in
Montenegro, which is a great opportunity for BiH.