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: Borenovic: RS is sliding towards Economic Sanctions
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 > POLITICS > Borenovic: RS is sliding towards Economic Sanctions
POLITICS

Borenovic: RS is sliding towards Economic Sanctions

Published: August 10, 2023
Share
SHARE

The President of the Party of Democratic Progress (PDP) Branislav Borenović said today at a press conference that yesterday’s official announcement by the German Embassy on the suspension of four projects in the Republika Srpska worth more than 200 million BAM confirms the worst suspicions, namely that the RS is sliding towards economic sanctions that affect local communities and citizens, and least of all, or not at all, figures from the ruling structures.

According to him, this is one of the chain reactions.

“First, we recently received information from Brussels that out of the 600 million BAM in grants intended for BiH, not a single stamp is coming to the RS. Now Germany is permanently giving up financing of four important projects,” stated Borenović.

He says that the fact that Germany is one of the largest foreign trade partners of Republika Srpska and Bosnia and Herzegovina adds weight.

“Germany together with Serbia, Croatia, Italy and Slovenia accounts for 65 percent of the total exports of Republika Srpska. It is one of the five countries to which the RS exports the most and with which it has the largest foreign trade balance. And that country officially announces that it is abandoning four projects in the RS, which sends an extremely bad message. It is clear that there is neither wisdom, nor seriousness, nor responsibility in the ruling structures that have brought us into serious isolation and a kind of economic sanctions,” said Borenović.

Dodik Issues Direct Threat to EUFOR Commander
“Krug 99” called for the Formation of a Block for Unity and Strengthening of BiH
The Court of BiH declared itself incompetent in the Debevac and Mehmedagic Case
HR Schmidt: Dodik’s Attempt to Establish His Own HJPC Seriously Undermines Judicial Functioning
Patriarch Porfirije will serve the Liturgy in Banja Luka on the Occasion of the unconstitutional Day of the RS
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 Incentives worth 6.5 Million BAM were handed out
Next Article The European House of Culture and National Minorities opened in 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

Record-breaking October at Sarajevo International Airport
November 8, 2026
FMoI Launches Campaign ‘Combating Domestic Violence and Violence Against Women’
November 8, 2026
Dodik Conditions Participation in State-Level Government: Annulment of HR and Reform of the BiH Constitutional Court
November 8, 2026
New Price Increases as of January, Winter Could Further Drive Up Prices?
November 8, 2026
Dodik Attacks the Constitutional Court Once Again: Is He Using Maximalist Demands to Mask His True Goals?
November 8, 2026
Former US Diplomat Thomas Countryman: We Shouldn’t Expect Significant Changes in the Approach towards BiH  
November 8, 2026
BiH imports 80,000 Cars this Year
November 8, 2026
Sarajevo Brought U2 Once. Can It Do It Today? Thirty Years Later, It’s Time to Invite Bono Again
November 8, 2026
Citizens donated Food and Hygiene Supplies at the 1st Humanitarian Market in Zenica
November 8, 2026
Mural of War Criminal Ratko Mladic Destroyed in Bijeljina City Center
November 8, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?