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Sarajevo Times > Blog > BUSINESS > Intensified Cooperation Between RS and China
BUSINESS

Intensified Cooperation Between RS and China

Published February 15, 2013
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The President of the RS National Assembly Igor Radojičić and the Ambassador of China to BiH Wang Fuguo assessed today that in the next years cooperation between China and BiH will intensify in various areas and to open new possibilities in the area of economics, culture, educational, scientific, etc.

“The RS has a friendly and open relationship with China, which is a good base for achieving business cooperation”, said in a meeting in Banja Luka. He said that the biggest project of constructing a thermo-electric plant in Stanari is worth around 500 million euros, which will mostly be funded by Chinese credit loans and with the participation of Chinese and local entrepreneurs.

Next to this project, there is an interest in other Chinese companies and offers, which China gave to countries in Central and Eastern Europe for opening joint credit and investment lines. This is given that Chinese companies are interested for a larger market, announced from the cabinet of the Presidency of this entity.

Ambassador Fuguo thanked Igor Radojičić for the excellent cooperation and understanding and expressed his hope that cooperation in other areas will continue in the future.

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