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: Meeting of the Sub-Committee on Trade, Industry, Customs & Taxation held
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 > BH & EU > Meeting of the Sub-Committee on Trade, Industry, Customs & Taxation held
BH & EU

Meeting of the Sub-Committee on Trade, Industry, Customs & Taxation held

Published April 1, 2023
Share
SHARE

Officials from Bosnia and Herzegovina and the European Union met in a hybrid format on 30 March 2023 for the 6thmeeting of the sub-committee on trade, industry, customs and taxation, under the Stabilisation and Association Agreement (SAA) between the European Union and Bosnia and Herzegovina.

The meeting was co-chaired for Bosnia and Herzegovina by Ms Brankica Pandurević, Assistant Minister in the BiH Ministry of Foreign Trade and Economic Relations, and for the European Commission by Ms Mary Teresa Moran, Deputy Head of Unit in the Directorate-General for Neighbourhood and Enlargement Negotiations.

At the meeting, the parties discussed developments in these areas and exchanged detailed trade statistics. The Commission urged Bosnia and Herzegovina to step up considerably its efforts to enhance institutional and administrative capacities, coordination and legal framework in all related areas, and recalled the importance of countrywide sector strategies.

On trade matters, the EU noted strong signs of increasing trade interdependence between BiH and the EU, despite the COVID-19 pandemic and the Russian war of aggression in Ukraine. Preliminary trade statistics suggest a strong increase in bilateral trade compared to 2021 and even to the pre-pandemic year 2019. The EU reminded Bosnia and Herzegovina of the importance of respecting the provisions of the SAA, in order to continue to benefit from its enhanced access to the EU market and to that end, called on Bosnia and Herzegovina to refrain from introducing any new, unjustified trade restricting measures. The EU urged Bosnia and Herzegovina to bring the legislation on VAT and on excise duties in line with the EU acquis, notably on excise duties on beer. The EU also encouraged Bosnia and Herzegovina to finalise its accession to the WTO as soon as possible, and to continue implementing the Common Regional Market Action Plan 2021-2024, including by ratifying the three mobility agreements from the recent Berlin Summit in November 2022.

On the free movement of goods, the EU called on Bosnia and Herzegovina to adopt a countrywide strategy for quality infrastructure, and to continue the alignment of domestic legislation with European standards. In terms of market surveillance, administrative capacity is a recurring problem for the country. The EU therefore called for resources to be made available in Bosnia and Herzegovina to make these reforms, especially in light of the increased expectations that come with candidate status.

The EU noted limited progress in the area of industrial policy and stressed the need for a harmonised countrywide approach to the planning and implementation of SME and industrial policies. In particular, the EU encouraged the finalisation and adoption of strategic guidelines for the harmonisation of support to SMEs and entrepreneurship. It called on BiH to identify the divergences among the industrial policy strategies and action plans on the various levels of government, ensuring coordination and involvement of industrial enterprises in policy formulation and implementation.

On taxation and customs, the EU and Bosnia and Herzegovina exchanged on developments in VAT, the Union Customs Code, e-signature and mutual administrative cooperation. The EU called for the strengthening of the administrative capacity and staffing levels of the Indirect Taxation Authority. The EU also urged Bosnia and Herzegovina to eliminate all administrative burdens in the area of the electronic signature in order to ensure its interoperability and a harmonised countrywide system. The fight against customs fraud, in particular, tobacco smuggling, remains important for both the EU and Bosnia and Herzegovina. The EU therefore called on Bosnia and Herzegovina to join the WHO FCTC Protocol to Eliminate the Illicit Trade on Tobacco Products and to implement a system for tracking and tracing of cigarettes.

Galic: We will sanction all criminal and corrupt Actions of BiH Border Police Officials

Chairperson of the CoM to attend Conference on Security in Munich

The Special Unit of the Army of RBiH led by Commander Dragan Vikic will receive its Memorial

HR Schmidt is warned: Cavara himself interviews Judges outside the HJPC

Bosnjak met with the Resident Coordinator of the United Nations in BiH

TAGGED:#bosnia#EU#meeting#news#officials
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 The ”Open Balkan” bypasses Sarajevo via Banja Luka
Next Article Is Ryanair moving from Tuzla to Sarajevo?
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

New Details of the Scandal: Police Officers used the Services of Victims of Human Trafficking
March 30, 2026
Novak Djokovic arrives in Zenica to support BiH against Italy
March 30, 2026
Croatian President cancels the Brdo-Brijuni Summit
March 30, 2026
Council extends Framework for Sanctions against Individuals undermining BiH
March 30, 2026
Electricity Supply is stabilizing accross BiH
March 30, 2026
The Price of Brent Oil rose after Trump said he wanted to “take the oil” from Iran
March 30, 2026
Covic on State Property: It is necessary to protect the Interests of BiH
March 30, 2026
2.14 Million BAM Secured for Pensioners in 2026: Contracts Signed for Spa Treatment
March 30, 2026
Durakovic: Srebrenica is not a Tool, but a sacred Place
March 30, 2026
Coach of BiH National Football Team holds a Press Conference ahead of Match with Italy
March 30, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?