Representatives of the FIPA Agency visited on 3 March 2015 the company General Trading Concept Ltd Sarajevo representing an investment from the United Arab Emirates.
During the meeting they discussed the achievements of their production offices in Konjic and in Kiseljak, as well as all difficulties they have encountered so far.
An important progress that BiH has made for such investors is the introduction of the visa-free regime for the UAE citizens to ninety days per year, but procedures have not yet been simplified as in neighbouring countries. Also, the company is faced with a lack of raw materials for functioning, and they are looking for support to this issue from the FIPA Agency.
The plans of the company management are related to further expansion and the arrival of other investors from rich countries of the Asian continent. However, what it must be further improved in BiH is the legal framework through the definition more precise of the criteria for all areas, and welcome to investors, in neighbouring countries.