World Bulletin / News Desk
It is high time for Bosnia-Herzegovina to be a crossroads of economic and financial dynamism, a hub of development, Turkey's Deputy PM Ali Babacan said Monday.
Attending a welfare and employment forum in Sarajevo during his one-day visit, Babacan said political talks should be maintained in the Balkans in order to attain a consistent development and peace atmosphere.
He said Bosnia-Herzegovina had potential to attract foreign investors if it could achieve political stabilization.
Terming Bosnia as a country "in the heart of Europe," Babacan stressed that stability is a stimulus which fosters economic development and growth.
According to business magazine Forbes, Bosnia has a transitional economy with limited market reforms. Its GDP for the year 2012 was $17.4 billion.
Last Mod: 27 Mayıs 2014, 09:26
