The representatives of the Foreign Investment and Foreign Trade Agency of Slovakia (SARIO), Patricia Žačikova and Peter Jesensky, and Economic Adviser of the Embassy of Slovakia in B&H Miroslav Dodulik visited FIPA on 17th May 2012.
At the meeting it was discussed on possibilities for improving cooperation between the two agencies on the basis of the Agreement on Cooperation signed in May 2007.
It was agreed that FIPA will regularly send to SARIO information about the business environment and opportunities for investing in the sectors which Slovakian investors have shown interest in.
Discussions on the specific projects with interested investors should be done during the biggest Slovakian Investment Conference which is being held every year in late October.
According to the Ministry of Foreign Trade and Economic Relations of B&H (MoFTER), the value of total investments from Slovakia in B&H from May 1994 to June 2010 amounts to 14.4 million BAM or 7.4 million Euros or 0.2% of the total investments registered in B&H.
Registered capital of the Slovakian investors mainly refers to the manufacturing sector 88.5%, while 11.5% of the total investments refer to other sectors.
Slovakia is ranked at 20th place of 91 countries investors in B&H.
Bosnia and Herzegovina and the Republic of Slovakia have signed the "Agreement on the Avoidance of Double Taxation" and "Agreement on Promotion and Protection of Investments."