The Instrument for Pre-Accession Assistance (IPA) fund offers assistance to BiH and other countries engaged in the accession process to the EEU for the period 2007-2013. A second phase is foreseen for 2014 – 2020. The aim is to enhance the efficiency and coherence of aid by means of a single framework in order to strengthen institutional capacity, cross-border co-operation, economic and social development and rural development. The total amount of the financial assistance that BiH has received thorough IPA from 2007 to 2013 is just over 600 mills Euro.
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