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Bosnia and Herzegovina

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Last reviewed: 22 September 2009

Country information

TRADE AND INVESTMENT

Trade and Investment with the UK

UK/BiH trade has been steadily growing over the last few years, albeit from a low base. British exports to BiH in 2008 amounted to £ 20.5 million, mostly of manufactured items, machinery, road vehicles, scientific and office equipment and chemicals. BiH exports to Britain in 2008 amounted to £ 22.5 million, mostly of metal working machinery, chemical materials, plastics, essential oils and furniture.

In 2003 the British and BiH governments signed a bilateral Agreement on the Promotion and Protection of Investments, to support private sector investment between the two countries.

The number of UK companies represented in BiH is relatively small: about 30 directly and about 80 through local agents. Other UK companies, particularly in the service sector, have a presence in BiH for the duration of specific contracts. Leading UK companies in BiH include: GlaxoSmithKline, AstraZeneca, Unilever, BAT, and JCB. Main UK investors in BiH are: ArcelorMittal Zenica (steel production), Altima Partners (beer production), Energy Financing Team (Power trading and power generation), Dempson Packaging (paper packaging), Salford UK Ltd (milk processing) and Caterham Herbs (lavender).

There is an ECGD cash cover for BiH, which is subject to security CILC or equivalent. ECGD might consider interest support for local costs.

The British Embassy in Sarajevo co-ordinates the British Business Club, an informal group of companies in BiH with UK commercial interests.  The Club meets for business networking, and has a quarterly eNewsletter. For further details please visit the British Embassy website at http://ukinbih.fco.gov.uk/en.

UK Development Assistance

The UK has provided bilateral aid totalling some £86.5m since 1996. In 2008-2009, £4 million was disbursed through the DFID bilateral programme. Much of our work is focused on capacity building at the centre of government in public administration, public finance and social inclusion reforms. We have developed joint programmes with other donors (e.g. EU, Sweden and the Netherlands), in Public Administration Reform (PAR) and aid co-ordination. We also support a number of initiatives through the Conflict Prevention Pool (CCP). Its objective is to reduce the causes of instability and potential conflict by enhancing the effectiveness of the state and assisting the transformation of the political culture. In addition to the above, the UK finances its share of multilateral funding for the EU aid programme to BiH.

For further information see DFID's website - Department for International Development (DFID)

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Contacts

Bosnia and Herzegovina, Sarajevo, British Embassy

Address:

British Embassy
Tina Ujevica 8: HMA, Chancery, MoD, Political and Press sections
Petrakijina 11: Visa, Consular, Management, Commercial and DFID
Sarajevo, Bosnia and Herzegovina

Telephone:

(387) 33 282 200

Fax:

(387 33) (28) 2203 Chancery, Press, MoD
(387 33) (20) 4780 Management /Consular/Visa
(387 33) (28) 2265 Commercial/DfID

Email: mailto:britemba@bih.net.ba

Office hours:

GMT:
Mon-Thurs: 0730-1600
Fri: 0730-1330

Local Time:
Mon-Thurs: 0830-1700
Fri: 0830-1430

Website: http://ukinbih.fco.gov.uk/en/

Bosnia and Herzegovina, Banja Luka, British Embassy Office


Bosnia and Herzegovina