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: What will bring the New Law on Internal Trade?
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 > BUSINESS > What will bring the New Law on Internal Trade?
BUSINESS

What will bring the New Law on Internal Trade?

Published: July 26, 2016
Share
SHARE

storeThe Draft Law on amendments to the Law on internal trade, with which was deleted the provision that obliged retailers to have 50 % of the products of domestic producers on the shelves, was adopted at the last session of the Government of FBiH.

In order for BiH to fulfill obligations under the Stabilization and Association Agreement and the Free Trade Agreement, as well as to remove obstacles in the negotiations for joining the World Trade Organization (WTO), the Government of FBiH deleted the Article 13 in the Draft of amendments to the Law on internal trade, which stipulated that 50 % of domestic products should be represented on the shelves in retail stores.

“This decision of the Government of BiH will not change anything significantly, because the government did not create mechanisms that would put 50 % of domestic products on the shelves. It has never came to life. We are not expecting some important consequences because the domestic owners of retail chains will not change their business structure but foreign retailers are expected to use it, as they did before,” said Admir Kapo from the Association “Kupujmo i koristimo domace (Buy and use domestic).”

He added that the main problem is the lack of a mechanism for the implementation of legal provisions, specifically when it comes to the Law on Internal Trade, as the owners of foreign retail chains are owing tens of millions of BAM to domestic producers so far.

“The owners of retail chains have so far acted as they thought that it is best for their business, so this probably will not be significantly changed in the future,” said Kapo.

(Source: S. H./Klix.ba)

Mostar to get ‘Visitor Center’, 418,000 EUR worth Investment
Stands on the Markets reopened
Where are Highways being built in BiH: They will reduce the Distance between Cities
BiH Exhibitor Achieved Success at BioFach 2013 Fair
Five Hundred Workers of bankrupt Aluminium Smelter will be fired
TAGGED:amendmentsdomestic productsGovernment of FBiHLaw on Internal Trade
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 What is the Final Date for the Adoption of the Coordination Mechanism?
Next Article Re-exhumation of 65 already buried Srebrenica Victims started
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

Mines on the Verge of Collapse, Power Utilities in BiH running Losses
November 1, 2026
Bank Deposits of Up to 100,000 BAM in BiH Now Insured
November 1, 2026
Former Camp Detainees visit the Site of their Imprisonment in Kamenice
November 1, 2026
The first Snow begins to fall on Jahorina and Romanija
November 1, 2026
Luxury Train from Venice Arriving in BiH Again: The Cheapest Ticket Is 23, 600 Euros
November 1, 2026
Murphy: The U.S. Administration did not accept Dodik’s Criticisms of the OHR
October 31, 2026
Miso Kovac, One of the greatest Singers in Croatia, passes away
October 31, 2026
Helicopter Crash Near Brcko Marks Most Serious Peacekeeping Forces Accident in BiH Since 1997
October 31, 2026
Fowler: BiH’s Path to Progress leads through NATO and the European Union
October 31, 2026
Italian Minister of Defence Visits EUFOR Headquarters in Camp Butmir
October 31, 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?