Libya Announces Investments in Bosnia
Sarajevo, June 18 — Libya’s Finance Ministry, on the occasion of a bilateral meeting that took place in Sarajevo, announced the launching of a plan for investments in Bosnia-Herzegovina.
The initial investment worth a total of 500 million euro should be carried out through the development bank of the Federation of Bosnia and Herzegovina, the Sarajevo office of the Italian Foreign Trade Institute (ICE) reported. Libya is willing to continue with the investments in the public and private sectors of the country, both independently and in collaboration with Bosnian and foreign partners.
In May the governments of the two countries signed the decree on cooperation, which envisages the commitment of both Libya and Bosnia-Herzegovina to stimulate the investments in the sectors of primary interest to the two countries.
Hat tip: insubria.