EFTA and Bosnia and Herzegovina promote Free Trade Agreement

Published 17-02-2015
Marking the entry into force of the Free Trade Agreement (FTA) between the EFTA States (Iceland, Liechtenstein, Norway and Switzerland) and Bosnia and Herzegovina, a trade promotion seminar organised by both parties is being held on 17 February in Sarajevo and on 19 February in Banja Luka for the benefit of businesses from Bosnia and Herzegovina.
With a focus on the opportunities created by the new FTA for Bosnian and Herzegovinian producers and exporters, experts will present the technical and practical aspects of accessing the EFTA markets. Topics covered will include customs issues such as rules of origin, proofs of origin and the verification procedure, as well as the issues of sanitary and phytosanitary requirements and technical standards.

During the roundtable discussion on “Trade Promotion and Export Opportunities” participants from different companies will have the possibility to exchange views on how to make best use of the business opportunities arising from the new FTA.

The EFTA-Bosnia and Herzegovina FTA became effective on 1 January 2015. In 2014, total imports and exports between EFTA States and Bosnia and Herzegovina amounted to USD 185 million, and merchandise trade between the two sides has potential for further growth.

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