Wednesday, September 17, 2008

BOSNIA AND GERMANY SIGN AGREEMENT ON TECHNICAL AND FINANCIAL COOPERATION

SARAJEVO, Bosnia (September 17,2008) - Representatives of the Bosnian and German government signed a memorandum in the Bosnian capital Sarajevo today, about continuing their technical and financial cooperation.

The document is worth 64 million Euros,60 million Euros of which has been earmarked for financial cooperation and 4 million Euros for technical cooperation projects.

As the Bosnian Foreign Affairs Assistant Minister Jasmina Pasalic explained, a portion of that will be administered through loans, and some of the capital projects funded by this money will include the water supply infrastructure in the northern Bosnian city of Banja Luka and wind power projects.
.

No comments: