ANNOUNCEMENT 01 Jan 2010In January 2010, the government of Bosnia and Herzegovina announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
Law on the Policy of Foreign Direct Investment No. 48 of 2010 (in English), http://www.google.ch/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=1&cad=rja&ved=0CC8QFjAA&url=http%3A%2F%2Fwww.fipa.gov.ba%2Fpublikacije_materijali%2Fzakoni%2F13%2520Cleansed%2520text%2520of%2520the%2520LAW%2520ON%2520THE%2520POLICY%2520OF%2520FOREIGN%2520DIRECT%2520INVESTMENT%2520IN%2520BiH.doc&ei=fuqUUYXfJ4aztAbrxoCYDg&usg=AFQjCNEsqEYwyAkadxAzauO_hxp6gsrvwQ&bvm=bv.46471029,d.Yms
UNCTAD report (in English), http://unctad.org/en/Docs/webdiaeia20105_en.pdf
U.S. Department of State (in English), http://www.state.gov/e/eb/rls/othr/ics/2012/191113.htm
In 2010, Bosnia and Herzegovina amended the Law on the Policy of Foreign Direct Investment No. 48 of 2010 thereby offering foreign investors state guarantees and opening many sectors of the economy to foreign direct investment. For example, the law gives foreign investors access to public tenders and eliminates all restrictions to foreign direct investment for many sectors of the economy (exceptions are the defense industry and the media sector). The new law prohibits expropriation and nationalization of assets, except under special circumstances and with due compensation. Furthermore, foreign investors are protected against changes in regulation. Should the government amend the legislation, investors may choose to remain with the existing law.