In preparation for the diplomatic mission, the newly-appointed Ambassador of BiH to India, Muhamed Čengić, visited the Foreign Investment Promotion Agency of BiH (FIPA) in order to have information about economic cooperation between the two countries.

At the meeting, it was pointed out that total investments from the Republic of India in BiH are modest, amounting to 1.7 million BAM and that they are realized mainly in production and trade.

During 2017 and 2018, FIPA had several meetings with businessmen from India who expressed interest in opening the Information Technology Faculty in BiH, as well as in investments in the health, spa, agriculture and wood sector of BiH. After FIPA, interviews meeting were continued with other relevant institutions for these sectors.

The FIPA Director Gordan Milinić, in addition to providing basic information on the competencies and activities of the Agency, emphasized the importance of foreign investments for the economic development of BiH. He invited Ambassador Čengić to more actively engage in establishing contacts with India's regional chambers of commerce, as well as with Honorary Consuls of BiH in India who are well-known businessmen and are actively working to promote BiH.

Besides, it is necessary to consider the possibility of organizing a business event if there is an opportunity for it, where FIPA would present opportunities for investing in BiH.