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Sarajevo Times > Blog > BUSINESS > Growth of Foreign Trade of Weapons and Military Equipment recorded
BUSINESS

Growth of Foreign Trade of Weapons and Military Equipment recorded

Published: September 8, 2016
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importThe Council of Ministers of BiH adopted the Annual report on foreign trade of weapons, military equipment, dual and special purpose goods, which is containing the Report of the Ministry of Foreign Trade and Economic Relations on the realization of foreign trade in weapons, military equipment, dual and special purposes goods for 2014 and the Report on issued licenses for foreign trade in weapons, military equipment, dual and special purpose goods for 2015.

The total value of foreign trade, according to the issued licenses for export, import and temporary export and import of weapons, military equipment and dual and special purpose goods, based on pro-invoices, amounted to 247,032,542 00 EUR in the year of 2014.

After the review of the number of issued licenses, a total value of realized foreign trade in this sector amounted to 105,209,141.00 EUR.

The total value of foreign trade according to the issued licenses for export, import and temporary export and import of weapons, military equipment, dual and special purpose goods, based on pro-invoices that were submitted with the license application amounted to 426,927,569 EUR, which is about 75 % more compared to the previous year, as announced from the Service for informing of the Council of Ministers of BiH.

(Source: klix.ba)

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TAGGED:#economy#export#growth#import#weapons
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