Hungary to launch EUR 30 mln economic development program in BiH

Int’l Relations

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Minister of Foreign Affairs and Trade Péter Szijjártó announced the launch of an economic development program in Bosnia and Herzegovina and Republika Srpska, the Bosnian Serb Republic, in Mostar on Tuesday, after meeting with Dragan Covic, the leader of the Croatian Democratic Union of Bosnia and Herzegovina, and Milorad Dodik the Serbian member of the presidency of Bosnia and Herzegovina, state news wire MTI reports.

Szijjártó said the program would launch with an initial round of EUR 30 million, his ministry said in a statement.

Hungary is starting the program because "peace and stability in the region have economic conditions, too", he added.

"Peace and stability cannot be established in the Western Balkans with sanctions. That's why I'd ask European politicians not to talk about President Dodik but to talk with him, then they will understand much better the situation here," Szijjártó said.

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