Question to the Department for International Trade:
To ask Her Majesty’s Government what assessment they have made of economic opportunities for British business for investment and partnership in Bosnia and Herzegovina.
There are a number of economic opportunities in Bosnia and Herzegovina for UK investors, with software development, mining and oil exploration identified as particular sectors of opportunity. However, HMG also recognises that for more investment to succeed Bosnia and Herzegovina needs to make significant improvements to its business environment, including tackling excess regulation and increasing transparency around public procurement and licensing. The UK is funding projects to improve the business environment by simplifying the process of setting up a business and moving to a 'one-stop' shop system.