FTA-s description

With the purpose of facilitating trade, creating preconditions for the increase in exchange of goods (and particularly export), the creation of a favorable environment for domestic and foreign investments, Bosnia and Herzegovina concluded certain number of bilateral free trade agreements. All agreements are concluded in accordance with the article XXIV of WTO General Agreement on Customs and Trade (GATT 1994) with shorter or longer transition periods of trade liberalization.

Implemented FTA-s

CEFTA 2006 – The Agreement on Amendment of and Accession to the Central European Free Trade Agreement

The bilateral free trade agreements Bosnia and Herzegovina concluded with present CEFTA Agreement members were so called asymmetrical agreements where the goods originating in BiH could use zero customs rate immediately while the customs at import in BiH for the goods of other party to the agreement were gradually reduced.

At the end 2006, this network of bilateral free trade agreements with the countries in the region (Albania, Bulgaria, Croatia, Macedonia, Moldova, Romania, Serbia and Montenegro and UNMIK/Kosovo) was replaced by signing the regional free trade agreement CEFTA 2006 (Bucharest 19/12/2006). The CEFTA Agreement entered into force for BiH 22/11/2007.

The Stabilization and Association Agreement with the European Communities and their Member States (SAA) and the Interim Agreement on Trade and Trade-related Matters (IA) – signed in Brussels, June 16, 2008. The Interim Agreement entered into force on July 1, 2008.

Free Trade Agreement with the Republic of Turkey – signed in Ankara on July 3, 2002, entered into force on July 1, 2003.

Note: Texts of the agreements can be taken from the web site of the Ministry of Foreign Trade and Economic Relations of BiH .

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