The Business Advisory Council of the Bosnian Diaspora (DiaBAC) was officially established on June 6th in Sarajevo, which represents the culmination of a year’s work on gathering business leaders of Bosnian and Herzegovinian (BiH) origin from around the world.
The council consists of 23 business experts who come from 11 countries, have a common heritage and vision of the future of BiH. DiaBAC is an initiative of the government of the United States (U.S.), through the USAID project “Diaspora Invest”, which aims to promote new trade and investment opportunities for the private sector in BiH and advocate a stronger business environment in the country.
The first meeting of the Council was opened by Emily Coffman Krunic, Deputy Director of the USAID Mission in BiH.
USAID’s “Diaspora Invest” project is very proud to support DiaBAC as part of our efforts to strengthen ties and cooperation between the BiH diaspora and their homelands. This initiative follows one of our most important priorities in this program, which is to encourage and enable experts from the diaspora to transfer their valuable knowledge and skills acquired abroad in order to help local companies and improve economic development – emphasized Coffman Krunic.
During the first three-day gathering, members of DiaBAC connected with a diverse group of innovative companies from all over BiH, including Symphony, RCB Nanotechnology, Zanat, Eurosjaj, ZenDev, and New Dawn Development to give valuable advice and consider new opportunities for investment in the economic development and progress of the country. In DiaBAC, they also discussed best practices and considered policy proposals for the promotion of good governance and smart, sustainable, and inclusive growth in BiH.
Their work is supported by the association “Nasa perspektiva”, a domestic partner of USAID’s “Diaspora Invest” project, a non-governmental organization working on the inclusion of the BiH diaspora in the socio-economic development of the country.
DiaBAC members come from all over the world, including Australia, Austria, France, Germany, Serbia, Spain, Sweden, Switzerland, the United Arab Emirates, the United Kingdom (UK), and the U.S., USAID said.
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