prijava
SARAJEVO, May 31 (FENA) - Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina Mirko Šarović signed today a Memorandum of Understanding with China's state-owned insurance company Sinosure, a leading Chinese credit insurance company, which will significantly contribute to more favorable financing of the most important energy and infrastructure projects in BiH.
This insurance company is associated with 200 international banks, and for the current projects in BiH they have secured USD 1.4 billion in guarantees.
“An example of good cooperation with Chinese banks and companies has certainly been the project of the Thermal Power Plant "Stanari", which is today a profitable and successful company,” said Minister Šarović, stressing that "this year we proceed with new and important projects".
He said that dozens of major projects are in the final stages of realization, such as TPP Tuzla - Block 7, as one of the largest investment projects in the last 30 years.
The Chinese side also expressed interest in the project of the Gacko Thermal Power Plant, hydro power plants in the upper Drina River and the Banja Luka - Prijedor and Vukosavlje – Doboj motorways.
“To China, cooperation with Bosnia and Herzegovina is of great importance, and we will now move even stronger to encourage our companies to invest in BiH,” said after the signing Deputy Chairman of Sinosure Corporation, Weiman Zha.
Aehad of the 16 + 1 Summit, announced for the beginning of July, the partners are also working on signing a bilateral agreement between BiH and the Republic of China in the field of veterinary medicine, which will shortly enable the export of honey, milk and dairy products to this large market.
It is also planned to sign agreements to improve cooperation in the field of tourism, which is particularly important having in mind the recent entry into force of the visa-free regime for the citizens of the two countries, said the Ministry of Foreign Trade and Economic Relations of BiH.
(FENA) S. R.
