Bosnia applies interim trade deal

The customs duty has been lowered for some 90 percent of EU products imported to Bosnia, starting Jan. 1. Bosnian Directorate for Indirect Taxation spokesman Ratko Kovacevic told Fena news agency in Banja Luka today that with the implementation of the Interim Trade Agreement between Bosnia ant the EU, which came into force on July 1 last year, customs have been lowered to 90, 75 and 50 percent of the previous figures. Bosnia applies interim trade deal At the same time, customs duty has been completely lifted for some products, he revealed. Kovacevic also emphasized that this applied only to EU-made goods, and not to large quantities of imports that come from various parts of the world via EU re-exporting. In the first five months since the SAA has been implemented, Bosnia's imports from the EU amounted to KM 3.11bn – 24 percent up on the same period last year.

Bosnia applies interim trade deal

At the same time, customs duty has been completely lifted for some products, he revealed.

Kovačević also emphasized that this applied only to EU-made goods, and not to large quantities of imports that come from various parts of the world via EU re-exporting.

In the first five months since the SAA has been implemented, Bosnia's imports from the EU amounted to KM 3.11bn – 24 percent up on the same period last year.