The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Jelica Grujic had on 15th January 2014 a meeting with the Croatian Ambassador to BiH, HE Mr Ivan Del Vechio and his associate Mr Stanko Cmrecnjak.
They discussed the possibilities of cooperation, organizing business meetings between BiH and Croatian businesspeople during 2014, and the accession of Croatia to the EU and its implications on the economy of Bosnia and Herzegovina.
Among others, the Ambassador Del Vechio was interested in the work of the Agency, its competence, the activities of investment projects promotion, and for the situation when it comes to the influx of foreign capital in BiH.
The Directress Grujic spoke about the importance of existing foreign investors in BiH not only for the economy but also for the promotion of our country to other potential foreign investors. During 2014 the activities of FIPA, besides promoting business zones and projects, will be focused on supporting existing investors in order to motivate them to reinvest and invest in some new sectors.
The Directress Grujic also stated that the promotion process conducted by the Agency, as well as establishing new contacts with potential investors, and providing information on BH investment opportunities to the target groups, cannot compensate the shortcomings of the entire system.
It was concluded that only the cooperation of all relevant institutions in BiH can contribute to improving the inflow of foreign capital into the country.