Ukraine seeks to conclude free trade agreement with Bosnia and Herzegovina — ambassador
Ukraine sent Bosnia and Herzegovina the text of a free‑trade agreement in January and is awaiting a response.
Volodymyr Bachynskyi, Ukraine's Ambassador to Bosnia and Herzegovina, has expressed optimism about the potential free trade agreement between the two nations. In an interview with Ukrinform, the diplomat believes the "transport visa‑free" arrangement will be advantageous for Ukraine, as more Ukrainian carriers transport goods to Bosnia and Herzegovina compared to the reverse.
Currently, Ukraine's trade turnover with Bosnia is relatively low, only a few dozen million US dollars for 2025. The ambassador highlighted that Bosnia imposes a 10 percent duty on imports from Ukraine, which raises the price of Ukrainian products on the domestic market. Ukraine is actively working towards concluding a free‑trade agreement, which was Ukraine's initiative.
Bosnia received the draft agreement in January 2026, but no response has been received so far. The process of finalizing the agreement is expected to take some time. Bachynskyi emphasized the importance of concluding such an agreement, given that Ukraine has or is negotiating similar free‑trade agreements with most countries in the region.
Earlier reports indicated that Ukraine and Bosnia agreed to liberalize freight transport, establishing a transport visa‑free regime starting from January 1, 2027.
Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.