BOSNIA AND SAUDI ARABIA SIGNED AGREEMENT ON COOPERATION

JEDDAH, Saudi Arabia (February 28,2008) - A partnership agreement between Bosnia and Saudi Arabia has been signed in in Jeddah,Saudi Arabia,by the Bosnian Foreign Trade Chamber and the Saudi Council of Chambers of Commerce, in the presence of a member of the Bosnian Presidency Dr Haris Silajdzic.The Bosnian Foreign Trade Chamber Head Milan Lovrić and Saudi Arabia Trade Chambers’ Council President Dr Fahd bin Salih Al Sultan signed the agreement.

On that occasion, Dr Silajdžić once again invited the investors from Saudi Arabia to invest their capital in Bosnia and develop partnership relations with the Bosnian companies.

After short presentations of the two chambers, there were bilateral agreements between the Bosnian and Saudi businessmen.

A delegation from Bosnia was in Saudi Arabia for the Jeddah Business Forum, where several bilateral meetings have taken place between Bosnian and Saudi entrepreneurs. A return visit from Saudi businessmen is expected in May.
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SILAJDZIC MET WITH OIC GENERAL SECRETARY EKMELEDDIN IHSANOGLU

JEDDAH, Saudi Arabia (February 27,2008) – A member of the Bosnian Presidency Dr Haris Silajdzic met in Saudi Arabia with the President of the Islamic Development Bank (IDB). During the meeting, the two were discussing IDB’s role in the economic development of Bosnia. Need to support sustainable return of refugees, infrastructural developments and other projects for overall improvement of the quality of life were in the focus.

Afterwards, Silajdzic also met with the general secretary of the Organization of the Islamic Conference (OIC) – Dr Ekmeleddin İhsanoğlu. They were talking about the details of the forthcoming OIC Summit in Dakar, to which Bosnia has been invited to participate.
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