Bosnian Business Delegation Visits Izmir Chamber Of Commerce

IZMIR - "Economic relations between Turkey and Bosnia-Herzegovina are very limited. We are not pleased with the economic relations between Turkey and Bosnia-Herzegovina," Economy Minister of Sarajevo Canton Abid Saric said on Monday.
A Bosnian businessmen`s delegation led by Saric paid a courtesy visit to the Izmir Chamber of Commerce (IZTO).
"We hope that the status quo in our economic relations would change. There is a great potential in economic relations between Turkey and Bosnia-Herzegovina. The amount of Turkish investments in Bosnia-Herzegovina is not at the level we desire. The government of Bosnia-Herzegovina has made it its priority to attract foreign investments. We call on Turkish businessmen to invest further in Bosnia-Herzegovina", noted Saric.
Meanwhile, the CEO of IZTO Ekrem Demirtas indicated that "the free trade agreement between Turkey and Bosnia-Herzegovina went into effect on January 1st, 2007. Customs taxes have been eliminated and since then we have noticed growth in economic relations. Now, we have to put into force the agreement on preventing double taxation. Once we erase double taxation, our commercial relations with Bosnia-Herzegovina will grow", underlined Demirtas.