By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: BiH to finally take Advantage of the Economic Potential and Knowledge of BH Diaspora
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > BiH to finally take Advantage of the Economic Potential and Knowledge of BH Diaspora
BUSINESS

BiH to finally take Advantage of the Economic Potential and Knowledge of BH Diaspora

Published: December 31, 2016
Share
SHARE

meeting-diasporaThe policy on diaspora of BiH, which should soon come before the Council of Ministers of BiH, should launch standstill activities to strengthen relationships and cooperation between BiH and its diaspora.

“We recognized the potential of our diaspora. If the politics gets adopted, it will give the first results very quickly. We will act in diaspora not only through association, but also by lobbying for our economy. Our human capital is huge outside BiH and it should be used,” said Tugomir Čuljak.

At least 1.75 million people who were born in BiH are now living in the diaspora, and if you count the second and third generation then this number exceeds 2 million. Diaspora sends two to three billion BAM only through the accounts annually in BiH. These are the only official data from the banks, which do not involve huge amounts of money that our diaspora directly brings to the country.

Among the concrete projects that could boost economic cooperation between BiH and the diaspora is establishment BH economic alliance, which would most probably have its headquarters in Frankfurt, one of the headquarters of the German economy as well as BH diaspora. About 6,000 employees in BiH are already working in German companies, and the potential for cooperation with this country is huge.

With the help of HGS, this year was organized “Economic Day of BiH” in Frankfurt, which was a form of pilot action and now we should try to build BH economic alliance step by step that would, among other things, lobby the economic interests of small and medium-sized enterprises operating in Germany that are associated with BiH.

“At the moment, it is most important to be devoted to the form, to establish a structure, and then gradually improve it and to put the emphasis on content. For now it is necessary to establish a place recognizable for its works of BiH and which will eventually become the reference partner of the German Chamber of Commerce and institutions, which they will contact for the information. Then we come to the fact that the content can offer or require. All of this takes time, but if we constantly work on it, success will come for sure,” said Bagaric.

Although there are no statistical indicators, Bagaric said that concrete projects and ten-year results of HGS certainly helped to create and strengthen economic relations between Croatia and German, especially Croatian diaspora in that European country.

BiH will try to take advantage of this kind of opportunity and the impetus for the creation of BH economic alliance, as associations whose backbone would make successful people from all three nations who are working in Germany. Culjak announced that one of the first projects of the alliance will be the organization of micro fair of BH companies “BiH2World”. There would participate BH institutions of the host country that are responsible for the promotion of BH economy and progress with other countries. This includes employees of diplomatic missions of BiH, and German economic and legal advisers.

(Source: klix.ba)

Minister of Foreign Affairs met with Japanese Ambassador
No Savings or Salary Cuts in Institutions of Bosnia and Herzegovina?
Chairman of the Presidency of Bosnia and Herzegovina met with Donald Tusk
Roma families in Modrica move into new Apartments
Inter-Religious Council of Bosnia-Herzegovina condemns Attack on Church and Mosque
TAGGED:#BiH#cooperation#diaspora#fair#Frankfurt#institutions#projectChamber of Commerce
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Average Pension to increase by 26 percent?
Next Article POLL: Who is the Best BH Football Player in 2016?
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

RiTE Ugljevik stops over lack of Coal, Workers warn of System Collapse
October 14, 2026
How long will we have to wait for the Formation of the Government?
October 14, 2026
The Deadline for the Growth Plan expires, BiH risks losing 374 Million Euros
October 14, 2026
Spain Reaffirms Support for BiH’s EU Path, Highlights Growing Bilateral Cooperation
October 13, 2026
V4 Film Festival Starts Tomorrow at Meeting Point Cinema
October 13, 2026
Fifteen-year-old Girl from Tuzla released from Custody
October 13, 2026
Izetbegovic and Komsic speak about the Formation of the Government and a Potential Coalition
October 13, 2026
The Federation of BiH plans a new Debt of 40 Million BAM
October 13, 2026
Barbarez publishes an Autobiography called “Kreisläufe”
October 13, 2026
Bajtal to Raport: How to Explain 400,000 Invalid Ballots and Why Is This Not an Issue
October 13, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?