At the 1st Business Conference between Bosnia and Herzegovina and Germany held in Berlin today, the Federal Ministry for Economic Affairs and Energy and the government of Bosnia and Herzegovina set up a joint task force.
Uwe Beckmeyer, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, emphasised the potential of closer bilateral cooperation: “The Task Force is a good platform to strengthen economic relations with Bosnia and Herzegovina. We want to make it easier for small and medium-sized companies to be involved. The country’s EU prospects and the necessary steps undertaken in the approximation process are sending important signals to German investors.”
The Business Conference is discussing the opportunities for bilateral economic relations and the possibilities for increased cooperation. The Embassy of Bosnia and Herzegovina, the German Committee on Eastern European Economic Relations, the Eastern Europe Business Association of Germany and the Delegation of German Business in Sarajevo are organising the conference.
Germany is the most important foreign trade partner for Bosnia and Herzegovina and an important foreign investor. In 2016, bilateral trade reached a record level of EUR 1.45 billion.