BiH Hopes to Finalize WTO Membership this Year – BalkanInsight

BiH MP Semsudin Mehmedovic, who chairs the parliament’s commission for foreign trade, told reporters that BiH is now in the “final phase of preparing to join the World Trade Organization.”

“For Bosnia and Herzegovina to become a member state, it has to reach bilateral agreements with two more countries,” he said. While declining to name these countries, he added: “I expect our team to close this up until the end of the year.”

Mehmedovic said membership of the WTO would send a message to foreign investors that there is order and legal security in Bosnia and their money would be safe.

BiH is currently an observer state of the WTO, after applying for membership in 1999.

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