The Italian Ministry of Foreign Affairs and International Cooperation is organising, in cooperation with the Italian Trade Agency (ICE), the Italy – Bosnia and Herzegovina Business Forum, which will be held in Sarajevo on 23 November 2023.
The event will focus on the following sectors:
- Green transition;
- Steel and electrical industry.
During the event, an institutional plenary session, 3 thematic round tables dedicated to the above-mentioned sectors and B2B meetings will be held.
The Business Forum is part of the action undertaken in this first year of government by Italian Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani to relaunch Italy’s bilateral political and economic relations with Bosnia and Herzegovina and to provide Italian support for the Country’s European integration process, which was also the focus of Tajani’s mission to Sarajevo in March and the ministerial meeting with the Western Balkan countries held in Rome in April. Bosnia and Herzegovina represents a strategic market for a number of reasons, among them: monetary stability due to the fixed exchange rate with the Euro, geographic proximity, skilled labour at low costs, but above all the availability of natural resources and raw materials (water, forestry, and mineral resources) that contribute to keeping energy costs at relatively low levels. According to data from the Agency for Statistics of Bosnia and Herzegovina, in the first eight months of 2023, Italy ranked second among the Country’s main trading partners and as the leading supplier to the local market, where about 100 Italian companies made direct investments or set up joint ventures with local partners.