English

12.11.2024

Time17:45:00

FOREIGN INVESTORS RECOGNIZE SRPSKA'S POTENTIAL

BANJA LUKA, NOVEMBER 12 /SRNA/ - The participation of representatives of 25 countries at the Invest Srpska Conference on Mount Jahorina speaks of the interest of foreign investors in investing in Republika Srpska, and proves that the opportunities and potential offered by Srpska are recognized, the Ministry of Economy and Entrepreneurship of Srpska told SRNA.

BANJA LUKA, NOVEMBER 12 /SRNA/ - The participation of representatives of 25 countries at the Invest Srpska Conference on Mount Jahorina speaks of the interest of foreign investors in investing in Republika Srpska, and proves that the opportunities and potential offered by Srpska are recognized, the Ministry of Economy and Entrepreneurship of Srpska told SRNA.



The Ministry emphasized that the presence of foreign investors will contribute to concrete connections with domestic businessmen, as well as to the creation of the first steps and assumptions for the realization of investments, because the conference, apart from domestic and foreign investors, gathers the most important representatives of the Government, representatives of local self-government units and the business community of Republika Srpska. The Ministry of Economy and Entrepreneurship reminded that, according to the Financial Times ranking, Republika Srpska was chosen in 2023 as one of the 10 small regions of the future for the foreign investment strategy. "Certain local self-government units in Republika Srpska are also recognized as very competitive places for investment /such as Gradiška, Laktaš and Trebinje/. The potential is particularly reflected in excellent geographical positioning, business costs, and access to the market," the Ministry of Economy said. The Ministry emphasized that it is important at this moment to promote investment potential, first of all, to attract investors who contribute to business efficiency /introduction of new technologies, better workplaces, and integration into international value chains/ considering the fact that on the global level, certain changes are taking place that can have positive effects on markets such as ours. The advantages of Republika Srpska, the Ministry emphasized, are also found in legal regulations concerning foreign investments, which ensure that foreign investors have the same rights and obligations as domestic investors. The tax policy is one of the most stimulating in the region /profit tax is 10 percent, income tax is eight percent, VAT is 17 percent/, and other business expenses are competitive. Also, investors who invest in Republika Srpska have access to growing markets with over 600 million people on the principle of free trade. "Republika Srpska has also introduced special incentive measures for those investors who have significant investments /taking into account even regional development/ and contribute to the introduction of new technologies, employment of a larger number of workers, and ensure wages higher than the average in Srpska", the Ministry of Economy and Entrepreneurship emphasized.

English

Time57 minutes from now

CARGO TRAFFIC BLOCKADES SUSPENDED AT BORDER CROSSINGS

CARGO TRAFFIC BLOCKADES SUSPENDED AT BORDER CROSSINGS

SARAJEVO, JANUARY 30 /SRNA/ – Transport operators from BiH suspended blockades of freight traffic at border crossings today, Marko Ivanović, one of th...

Time35 minutes from now

SRPSKA HAS NEVER HAD MORE FRIENDS; VISIT TO WASHINGTON WILL BE EXTREMELY SIGNIFICANT

SRPSKA HAS NEVER HAD MORE FRIENDS; VISIT TO WASHINGTON WILL BE EXTREMELY SIGNIFICANT

BELGRADE, JANUARY 30 /SRNA/ - The Ambassador of BiH to Serbia Aleksandar Vranješ said that it is evident that Republika Srpska has never had more frie...

Time18 minutes from now

PART OF ZAVALA MONASTERY'S PROPERTY REGISTERED AS PROPERTY OF RAVNO MUNICIPALITY

PART OF ZAVALA MONASTERY'S PROPERTY REGISTERED AS PROPERTY OF RAVNO MUNICIPALITY

TREBINJE, JANUARY 30 /SRNA/ - A part of the property of the Zavala Monastery near Trebinje was illegally registered as the property of the municipalit...

Time11 minutes ago

DODIK: WE CONTINUE TO STRENGTHEN, SRPSKA AFFIRMS ITS RIGHT TO SELF-DETERMINATION

DODIK: WE CONTINUE TO STRENGTHEN, SRPSKA AFFIRMS ITS RIGHT TO SELF-DETERMINATION

BANJA LUKA, JANUARY 30 /SRNA/ - SNSD leader Milorad Dodik emphasized today in Banja Luka that Republika Srpska will continue to strengthen, and that i...

Time35 minutes ago

KOVAČEVIĆ: MINISTER SAAR CLEARLY STATES THEY KNOW WHO IS AND WHO ISN'T FRIEND OF ISRAEL

KOVAČEVIĆ: MINISTER SAAR CLEARLY STATES THEY KNOW WHO IS AND WHO ISN'T FRIEND OF ISRAEL

BANJA LUKA, JANUARY 30 /SRNA/ - Serb member of the House of Peoples of the BiH Parliamentary Assembly, Radovan Kovačević, said that in a brief convers...

Time50 minutes ago

SERBS MUST RESIST AS BiH COURT AND PROSECUTOR'S OFFICE ARE NOOSE AROUND SERB PEOPLE'S NECK

SERBS MUST RESIST AS BiH COURT AND PROSECUTOR'S OFFICE ARE NOOSE AROUND SERB PEOPLE'S NECK

BANJA LUKA, JANUARY 30 /SRNA/ - SNSD leader Milorad Dodik called on the Serb people to oppose the BiH Court, pointing out that the court continues to...

See all

Copyright © 2023 News Agency of the Republic of Srpska - Srna. All rights reserved. The content of these pages may not be transmitted without permission and without citing the source