The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić and the Director of the Foreign Investment Promotion Agency of Montenegro Miloš Jovanović signed on 22 March in Podgorica, a Memorandum of Understanding between the two institutions.
The Memorandum foresees joint activities on
promotion of investment opportunities between the two countries, encouraging activities
in order to improve economic relations and exchange of experience, information
and publications in promotion of foreign investments.
Both sides will support each other in
organizing business missions and market research and will promote the interests
of business entities in their respective countries.
The aim is also to strengthen mutual
cooperation through organizing trade fairs, business meetings and other business
events in Montenegro and Bosnia and Herzegovina.
This Memorandum was signed for a period of ten
years.