ISDS Case Map
Bosnia & Herzegovina
Bosnia's top court has annulled an import tax law which it said violated a regional free trade treaty and commitments to the EU, while about 1,000 farmers and food producers protested outside the court building.
The Central European Free Trade Agreement (CEFTA), a trade agreement between Non-EU countries in Central and South-Eastern Europe, has failed to deliver positive impacts for Bosnia.
Bosnian opponents of CEFTA -- the Central European Free Trade Agreement -- argue that the country's agriculture and food industries are not yet ready to compete with their neighbors.
The Central European Free Trade Agreement (CEFTA) needs one more country to ratify it before it can take effect.
Croatia, Bosnia-Herzegovina, Serbia-Montenegro, Kosovo, Albania, Macedonia and Moldavia are expected to become a unique free trade zone by the end of 2007.
The European Union will give strong support to efforts by the continent's southeastern countries, most of them in the Balkans, to sign a regional free trade deal this year, EU officials said on Monday.
The Indian government gave its approval to the proposed Bilateral Investment Promotion and Protection Agreement with Bosnia and Herzegovina.
The European Commission has proposed replacing the existing web of bilateral trade agreements in the Balkans with a regional free trade agreement -- a move it says would boost economic prospects. However, the idea has met with opposition in Croatia.
All Balkans countries are headed for European Union membership, but they are taking different roads, and at differing pace.
THE idea of a Balkan General Free Trade Agreement, to replace existing bilateral free trade agreements, received support at an Athens meeting of the Association of Balkan Chambers, the Bulgarian Chamber of Commerce and Industry (BCCI) said on December 12.
