The Acting Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Marko Kubatlija had a meeting with the Consul General of the Republic of Serbia in Banja Luka Miloš Vujić with whom he exchanged information on current economic trends and the state of the economies of the two countries, as well as the possibility of cooperation on additional investments of Serbian companies in Bosnia and Herzegovina.

Serbia is the 3^rd largest investor in BiH, with an amount of 2,427 million BAM until December 2022. Despite the fact that there are more than 700 companies operating in BiH with capital from Serbia, it was noted that there is interest in investing in Bosnia and Herzegovina.

For this reason, Mr Kubatlija initiated and proposed the joint organization of business meetings between project owners and companies from Bosnia and Herzegovina and companies from Serbia.

FIPA has more than 400 projects of domestic companies, local communities and entities in its database. It was established that a special focus should be put Serbian companies that export to BiH and that they should open production facilities in BiH.

In December 2023, Acting Director Kubatlija was a member of a delegation from BiH led by the Minister of Foreign Trade and Economic Relations of BiH Staša Košarac at a meeting with the Minister of Internal and External Trade of Serbia Tomislav Momirović. On this occasion, further steps were agreed in the sense of the regional connections and strengthening of administrative capacities, and increasing control of border crossings between the two countries.