BOSNIA AND HERZEGOVINA - European Commission · Bosnia and Herzegovina submits EU membership...

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ec.europa.eu/neighbourhood-enlargement | facebook.com/EUnear | twitter.com/eu_near | Last updated: 09/2019 JULY 2008 Signature of the Stabilisation and Association Agreement & entry into force of the Interim Agreement on trade DECEMBER 2010 Visa-free travel to Schengen area JUNE 2015 Entry into force of the Stabilisation and Association Agreement FEBRUARY 2016 Bosnia and Herzegovina submits EU membership application MAY 2019 Commission Opinion to the EU Council on the EU membership application of Bosnia and Herzegovina BOSNIA AND HERZEGOVINA ON ITS EUROPEAN PATH SUPPORT FOR KEY SECTORS 2014-2020 (€530 MILLION) EU FUNDING The EU is the largest provider of financial assistance to Bosnia and Herzegovina €1.5 billion in EU pre-accession funds (2007-2018), including est. €433 million from regional programmes €2.4 billion in loans from European Investment Bank since 1999 €168.3 million in Western Balkans Investment Framework grants from the EU since 2009, leveraging loans for €1.1 billion and investments estimated at €3.3 billion MOBILITY & EMPOWERMENT Visa-free travel to the Schengen area since December 2010 In 2015-2018 over 5880 participants in student, academic and youth exchanges under Erasmus+ €25.65 million in support to the civil society in 2014 – 2018 SUPPORTING TRANSFORMATION Strengthening Democracy: rule of law, justice and fundamental rights Reforming public administration Strengthening competitiveness and supporting business development Working towards a cleaner environment and safer food 35,8 % 25,8 % 60.6% in imports from the EU 72.9% in exports to the EU In 2018 KEY MILESTONES 13 % TRADE & INVESTMENT The EU is Bosnia and Herzegovina's biggest trading partner € 275.7 million EU contribution to the total Foreign Direct Investment in 2018 Volume of trade with the EU was €10.7 billion in 2018 5,5 % Democracy and governance Rule of law and fundamental rights Competitiveness and innovation Environment (flood recovery) Transport Agriculture and rural development Education, employment and social policies Source: EU data 5,6 % 5,6 % 8,8 %

Transcript of BOSNIA AND HERZEGOVINA - European Commission · Bosnia and Herzegovina submits EU membership...

ec.europa.eu/neighbourhood-enlargement | facebook.com/EUnear | twitter.com/eu_near | Last updated: 09/2019

JULY 2008

Signature of the Stabilisation and Association Agreement & entry into force of the Interim Agreement on trade

DECEMBER 2010

Visa-free travel to Schengen area

JUNE 2015

Entry into force ofthe Stabilisation and Association Agreement

FEBRUARY 2016

Bosnia and Herzegovina submits EU membership application

MAY 2019

Commission Opinion to the EU Council on the EU membership application of Bosnia and Herzegovina

BOSNIA ANDHERZEGOVINA

O N I T S E U R O P E A N P A T H

SUPPORT FOR KEY SECTORS2014-2020 (€530 MILLION)

EU FUNDINGThe EU is the largest providerof fi nancial assistance to Bosnia and Herzegovina

➔ €1.5 billion in EU pre-accession funds (2007-2018), including est. €433 million from regional programmes

➔ €2.4 billion in loans from European Investment Bank since 1999

➔ €168.3 million in Western Balkans Investment Framework grants from the EU since 2009, leveraging loans for €1.1 billion and investments estimated at €3.3 billion

MOBILITY &EMPOWERMENT

➔ Visa-free travel to the Schengen area since December 2010

➔ In 2015-2018 over 5880 participants in student, academic and youth exchanges under Erasmus+

➔ €25.65 million in support to the civil society in 2014 – 2018

SUPPORTING TRANSFORMATION

➔ Strengthening Democracy: rule of law, justice and fundamental rights

➔ Reforming public administration

➔ Strengthening competitiveness and supporting business development

➔ Working towards a cleaner environment and safer food

35,8 %

25,8 %

60.6%in importsfrom the EU

72.9%in exportsto the EU

In 2018

KEY MILESTONES

13 %

TRADE & INVESTMENT ➔ The EU is Bosnia and Herzegovina's biggest trading partner

➔ € 275.7 million EU contribution to the total Foreign Direct Investment in 2018

➔ Volume of trade with the EUwas €10.7 billion in 2018

5,5 %

Democracy and governance

Rule of law and fundamental rights

Competitiveness and innovation

Environment (fl ood recovery)

Transport Agriculture and rural development

Education, employment and social policies

| Last updated: 09/2019Source: EU data

5,6 %

5,6 %

8,8 %