EENI Global Business School
Business in Bosnia and Herzegovina

Syllabus of the Subject - Foreign Trade and Business in Bosnia and Herzegovina. Sarajevo

  1. Introduction to the Republic of Bosnia and Herzegovina (Central Europe)
  2. Bosnian-Herzegovinian Economy
  3. Doing Business in Sarajevo
  4. Bosnian-Herzegovinian Foreign Trade (Import, Export)
  5. Foreign Direct Investment (FDI) in Bosnia and Herzegovina
  6. Access to the Bosnian-Herzegovinian Market
  7. Business Plan for Bosnia and Herzegovina

The objectives of the subject “International Trade and Business in” Bosnia and Herzegovina” are the following:

  1. To analyse the Bosnian-Herzegovinian Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Bosnian-Herzegovinian Market
  3. To analyse the trade relations of Bosnia and Herzegovina with the country of the student
  4. To know the Bosnia and Herzegovinian Free Trade Agreements
  5. To develop a business plan for the Bosnian-Herzegovinian Market

European Free Trade Association (EFTA)-Bosnia and Herzegovina Free Trade Agreement (FTA)





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The Subject “Foreign Trade and Business in Bosnia and Herzegovina” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Doctorates: European Business, World Trade
  2. Masters: Business in Europe, International Business, Foreign Trade
  3. Course: Business in the EFTA Countries

Bosnia, Master, International Business, Foreign Trade Masters and Doctorates in International Business adapted to the Bosnian and Herzegovinian Students

Online Student (Master International Business Foreign Trade)

Learning materials in Courses, Masters, Doctorates in International Business in English + Study Master Doctorate Business in Spanish Bosnia-Herzegovina Study, Master in International Business in French Bosnie-Herzegovine Masters Foreign Trade in Portuguese Bósnia e Herzegovina.

  1. Credits of the Subject “International Trade and Business in” Bosnia and Herzegovina”: 1 ECTS
  2. Duration: one week

Description: Foreign Trade and Business in Bosnia and Herzegovina

Bosnian-Herzegovinian Preferential Access and Free Trade Agreements

  1. Bosnia and Herzegovina and the European Economic Area / Central Eurasia Economic Area
  2. Central European Free Trade Agreement (CEFTA)
    1. EFTA-Bosnia and Herzegovina Free Trade Agreement (Switzerland, Norway, Iceland and Liechtenstein)
  3. Turkey-Bosnia and Herzegovina Free Trade Agreement
  4. Bulgaria-Bosnia and Herzegovina Free Trade Agreement
  5. Bosnia and Herzegovina-European Union Trade Relations
    1. Stabilization and Accession Agreement with the European Union
    2. Western Balkans
    3. EUROMED
  6. Islamic Trade Preferential System (TPS-OIC)
  7. Central European Initiative (CEI)
  8. Adriatic-Ionian Initiative
  9. Regional Cooperation Council (RCC)

European Free Trade Association (EFTA)-Bosnia and Herzegovina Free Trade Agreement (FTA)

Trade Relations European Union-Western Balkans: Albania, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo

Adriatic-Ionian Initiative (Bosnia, Croatia, Slovenia, Serbia...)

The Republic of Bosnia and Herzegovina

  1. Bosnian-Herzegovinian Capital: Sarajevo
  2. Official Languages of Bosnia and Herzegovina: Croatian, Bosnian and Serbian
  3. Area of Bosnia and Herzegovina: 51,197 square kilometres
  4. Bosnian-Herzegovinian Population: 3.8 million people
  5. Type of Government of Bosnia and Herzegovina: Parliamentary Federal Republic
  6. Bosnia is a widely decentralised country, comprising two autonomous entities: The Federation of Bosnia and Herzegovina and the Republika Srpska, with a third region, the district of Brčko, governed by the local government
  7. Borders of Bosnia and Herzegovina: Croatia, Serbia and Montenegro
  8. Independence of Bosnia and Herzegovina: 1992 (Yugoslavia)

Main religions in Bosnia and Herzegovina:

  1. Islam (50%)
    1. Bosnia and Herzegovina has not signed the Cairo Declaration on Human Rights in Islam
    2. Fiqh (Islamic Jurisprudence): Fiqh-al-Hanafi
  2. Christianity: Catholicism and Orthodoxy (30%)

Bosnia and Herzegovina belongs to the:

  1. Western Civilisation (European Economic Area)
  2. Central Eurasia Economic Area

European Union Enlargement: Macedonia, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Kosovo and Turkey

Economy of Bosnia and Herzegovina.

  1. The Republic of Bosnia and Herzegovina is one of the poorest countries of the former Yugoslavia and Europe; the devastating effects of the Bosnian war (1992-95) still endure. In addition, the long blockade of Serbia and Croatia further hampered the economic recovery
  2. Bosnia spend 5 billions of dollars at the end of the war to rebuild its battered economy
  3. Bosnia is becoming a market economy
  4. Bosnian-Herzegovinian GDP (nominal): 49,874 million dollars
  5. GDP per capita of Bosnia and Herzegovina: 8,390 dollars
  6. Currency: Bosnia and Herzegovina convertible mark
  7. Main Bosnian products: fruit, tobacco, cattle, gold, copper, lead, zinc, coal
    1. In Sarajevo, there are tobacco, furniture, cars and communication equipment industries
  8. Main Bosnian companies: B & H Airlines, BH Telecom, Bosnalijek, Energopetrol, Factory of Tobacco of Sarajevo and Sarajevska Pivara (Sarajevo Brewery)

Bosnia and Herzegovina-Turkey Free Trade Agreement (FTA).

Turkey-Bosnia Free Trade Agreement

Bosnian-Herzegovinian Foreign Trade.

  1. Main Bosnian exports: metals, clothes, wood products
  2. Top Bosnian exports destinations: Slovenia (16%), Italy, Germany, Croatia, Austria, Turkey
  3. Main Bosnian imports: machinery, chemical products, fuels, food products
  4. Main suppliers of Bosnia: Croatia (19%), Germany, Slovenia, Italy, Austria


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