IMPORTS FROM EU TO BOSNIA INCREASED BY 20%

SARAJEVO, Bosnia (October 13,2008) - Bosnia imported goods worth 1,173,000,000 Bosnian Marks in July and August of this year from the EU countries, which is 20 percent more than in the same period last year when imported goods were worth 977 million Bosnian Marks.

"During two months of the implementation of the temporary Stabilization and Association Agreement between Bosnia and the EU, revenues from customs on import of products from the EU countries are lower by 15.5 million Bosnian Marks, compared to the same period last year," the spokesperson of the Bosnian Tax Administration Ratko Kovacevic said.

Increase of the value of imported goods from the EU was party caused by abolishment and reduction of customs duties for import of goods from the EU, but also due to increase of prices of goods on the world market.
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