We are facing towards an important period of negotiations on open issues from the succession

3/8/2024

On behalf of Bosnia and Herzegovina, Ernadina Bajrović, M.A., Vice Governor of the Central Bank of Bosnia and Herzegovina, as an authorized representative for succession issues from Annex C (financial assets), together with Deputy Minister of Finance Muhamed Hasanović, attended bilateral talks with representatives of the Ministry of Finance of the Czech Republic. These talks are part of our country's broader efforts to strengthen bilateral relations and resolve open issues arising from the succession process.

In order to strengthen bilateral relations and resolve the issue of succession, Bosnia and Herzegovina and the Czech Republic initiated a series of bilateral talks. During the conversation, Vice Governor Bajrović and Minister Hasanović emphasized that any claims against Bosnia and Herzegovina must be based on solid and valid documentation that would unequivocally confirm those claims. These talks are part of a wider context of dialogue with other successor states, with the ultimate goal of reaching a comprehensive agreement that would be acceptable to all parties involved in the succession process.

Solving open issues in the context of succession is not only crucial for preserving good bilateral relations with other countries, but also plays a significant role in ensuring the fair payment of claims that legitimately belong to Bosnia and Herzegovina. In terms of that, the upcoming resolution of disputes, such as the protracted legal battle with Adria Bank Wien, from which Bosnia and Herzegovina hopes to collect more than KM 7 million, symbolizes significant progress.

As an authorized representative, Vice Governor Bajrović participated in a series of meetings within the Joint Committee of the successor states. The focus of these meetings was a detailed review and discussion of the remaining claims and possible debts dating back to the period of the former SFRY. Since the signing of the Succession Agreement in 2001, the successor states - Serbia, Slovenia, Croatia, North Macedonia and Bosnia and Herzegovina - have been striving to reach a consensus on mutual claims and obligations. Special emphasis was also placed on claims related to the former Czechoslovak Republic, which additionally confirms the complexity and importance of these bilateral talks.

 



Newsletter CBBiH