BOSNIA'S IMPORT EXPECTED TO INCREASE SIGNIFICANTLY FROM JULY

SARAJEVO, Bosnia (June 27,2008) - With the first days of implementation of the Stabilization and Association Agreement between Bosnia and the european Union, import volumes are expected to increase significantly, since domestic enterprises are obviously waiting for tariffs to go down, Assistant Director of the Bosnian Indirect Taxation Administration announced.

Bogdan Novakovic, who is in charge of customs, claims everything is ready for July 1, when import tariffs on a large number of items from the EU will go down. Bosnia expects customs revenue to be reduced by approximately 160 million Bosnian Marks.
.