The Telegraph
Wednesday , August 6 , 2014
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Bosnia trade ties

Sabit Subasic in Calcutta on Tuesday. A Telegraph picture

Calcutta, Aug. 5: Bosnia is keen to collaborate with India to improve bilateral ties. The country, located in southeastern Europe, wants to join hands with India to develop its infrastructure.

Bosnia has earmarked hydel power, wood processing, textiles and leather, agriculture and food processing, pharmaceuticals, education and tourism as potential areas of investment by Indian companies.

Two-way trade between Bosnia and India currently stands at $30 million only.

Bosnia hopes to be a member of the European Union in five years, said Sabit Subasic, ambassador of Bosnia and Herzegovina to India.

“Bosnia can serve as a strategic gateway for Indian firms into lucrative markets of the European Union and central European markets,” said Subasic. He was speaking at a session organised by the MCC Chamber of Commerce & Industry.