Bosnia aims to reach $ 1 billion trade volume with Turkey
Bosnia and Herzegovina has set a trade volume target of $ 1 billion with Turkey, the Bosnian member of the presidency of Bosnia and Herzegovina said on Tuesday.
Sefik Dzaferovic told Anadolu news agency that it was possible to increase the volume of trade with Turkey, citing the revised 2019 free trade pact between the two countries.
“Turkey has given us a privilege that it has not granted to any other country. We should use it well, ”he added.
“Our goal is to increase the volume of foreign trade with Turkey to $ 1 billion. This is not an impossible goal, ”Dzaferovic said, adding that the current volume is $ 700-750 million.
“Economic cooperation with Turkey will continue intensively. The revised free trade agreement plays a big role in this, ”said Dzaferovic.
Dzaferovic also touted the regional initiative of Serbia, Albania and North Macedonia, known as “Mini Schengen” or “Open Balkan”, as part of an agreement signed in Bulgaria’s last year.
“We have to put this into practice,” he said.
Open Balkan is an economic zone established by the three countries of the Balkan region, in South-Eastern Europe. Within the framework of the new economic zone, Albania, North Macedonia and Serbia seek to boost trade and cooperation and improve bilateral relations.