INTERVIEW
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OUR GOAL IS TO IMPROVE THE INVESTMENT CLIMATE IN B&H BRANIMIR MUIDŽA
President of the Foreign Investors Council in Bosnia and Herzegovina, Sarajevo
The Council will continue to work and insist on the implementation of regulatory reforms that are necessary to create an optimal investment climate in Bosnia and Herzegovina this year too
Focus
BOSNIA AND HERZEGOVINA 2021
You have been the President of the Foreign Investors Council in Bosnia and Herzegovina since 2011. What has changed in the country in the last ten years in terms of the business environment?
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e are aware of the fact that the governments of Bosnia and Herzegovina's entities have been additionally burdened by the challenges created by the pandemic, our focus in 2021 will be on boosting cooperation with local communities, especially those from which our member companies come,“ says the President of the Foreign Investors Council in Bosnia and Herzegovina, Branimir Muidža, with whom we talked about the business climate in the country, its potential and the pandemic's impact on foreign investments.
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THE SKILLED WORKFORCE, PROXIMITY TO THE EUROPEAN UNION AND LOW LABOUR COSTS ARE THE MOST IMPORTANT COMPETITIVE ADVANTAGES OF BOSNIA AND HERZEGOVINA
Since its establishment in 2006, the Foreign Investors Councils (FIC) has launched an initiative to establish a normative and institutional framework with the view of improving the investment climate in the country. We have also established dialogue and cooperation with Bosnia and Herzegovina's authorities, in all areas of common interest, through the process of drafting and adopting the recommendations contained in our White Book. The value of the White Book lies in the fact that it provides very specific recommendations and answers to the questions of how, who, when and what should be done to have a much more favourable business environment. About 100 experts from our member companies have been working on the White Book, who have a cumulative age of 3,000 years and cumulative work experience of 1,500 years, both in Bosnia and Herzegovina and abroad, and who have worked and are working in domestic and foreign companies. In terms of the business environment, the past period was marked by
