- With the opening of the Embassy in Sarajevo next year, the Republic of Ireland plans to work more intensively on improving economic cooperation
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The Acting
Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA)
Marko Kubatlija met with the Ambassador of the Republic of Ireland for Bosnia
and Herzegovina, based in Ljubljana, Adrian Farrell. They discussed bilateral
relations between Bosnia and Herzegovina and Ireland, economic cooperation and
plans for promotional activities and more intensive promotion of the investment
potential of Bosnia and Herzegovina for Irish investors.
Mr Kubatlija
presented the basic advantages of Bosnia and Herzegovina for foreign investors,
past cooperation and his plans for establishing direct contacts with Irish
investors and more intensive promotion of investment projects from targeted
sectors.
The Ambassador
Farrell offered support in terms of presenting Irish experiences in the process
of attracting foreign investors and their cooperation with the diaspora, and emphasized
that due to certain similarities with Ireland, Bosnia and Herzegovina could
apply Irish good practices and attract more significant investments and support
to foreign investors.
The
interlocutors agreed that examples of Irish investments such as Hotel Central
Sarajevo and Trasna Solutions d.o.o Gračanica could serve as a good example for
the intensification of FIPA's promotional activities in the Republic of
Ireland, which were planned during the next year. It was concluded that there
is a need to strengthen economic cooperation, and that the established flights
of the Irish company Ryanair will contribute to a greater influx of tourists
and investments from Ireland to Bosnia and Herzegovina.