FENA News

Krišto at the Regional Summit on Growth and Convergence Plan in Tirana

SARAJEVO, February 29 (FENA) – The Chairperson of the Council of Ministers of Bosnia and Herzegovina, Borjana Krišto, participated today in Tirana at the Regional Summit on Growth and Convergence Plan, which was hosted by the Prime Minister of the Republic of Albania, Edi Rama, and the Commissioner of the European Commission for Neighborhood and Enlargement, Oliver Várhelyi.

On that occasion, Krišto addressed the panel “Phase entry into the single market”.

She said Bosnia and Herzegovina is waiting for the opening of the negotiation process with the EU in March. She emphasized the dedication of the BiH Council of Ministers to the European path, which is working diligently to achieve the appropriate level of compliance with the criteria for membership in the European Union.

She emphasized the importance of investing in border infrastructure to establish integrated control and modern traffic lane management systems at border crossings, enabling a faster flow of goods and people across borders.

Krišto also emphasized the importance of trade with the EU for the countries of the region and the removal of obstacles faced by entrepreneurs in cross-border payment transactions, for which the harmonization of payment systems with European standards is very important.

Emphasizing the importance of medical cooperation in the region after the pandemic, Chairperson Krišto said that BiH is actively participating in the establishment of regional mechanisms for the rapid exchange of medical supplies and ensuring stability in the supply of medical materials and that it is carrying out a series of activities to improve its preparedness and response to emergency medical situations.

She added that BiH recognizes the importance of regional instruments necessary for phased entry into the EU Single Market.

BiH CoM Chair stressed that BiH institutions are actively working on harmonizing legislation to ensure the fulfillment of requirements and joining the Single European Payments Area (SEPA) soon.

At the end of her address, she said that these initiatives and instruments are the basis for strengthening the Western Balkan region, improving the competitiveness of economies, and ensuring the stability and further prosperity of the countries of the region, the Council of Ministers of Bosnia and Herzegovina announced.