Minister for the Temporary Occupied Territories and Internally Displaced Persons of Ukraine Vadym Chernysh as a co-chairman of the Intergovernmental Commission on Trade and Economic Cooperation  is currently visiting  Bosnia and Herzegovina. The target of the official visit  was to hold a meeting of Co-chairmen of the Joint Committee between Bosnia and Herzegovina and Ukraine with the participation of Deputy Minister of Foreign  Trade and Economic Relations of Bosnia and Herzegovina, H.E.  Mr. Mato Franjičević. Within the framework of the discussions, the parties identified the priority directions of bilateral cooperation, in particular in the area of trade, energy, agriculture, and also finalized the Agreement on cooperation in the field of tourism.

Recalling the conclusions  of  the  second  meeting  of  the  Joint  Committee  held  in Sarajevo on 12 October 2012 , the sides agreed  that further action should continue on the basis of results  achieved  ever  since,  reconsidered  and  reprioritized  so  as  to  achieve  optimum  progress of bilateral cooperation.

 During the meeting of the Joint Comittee, Vadym Chernysh spoke about the intentions and positive dynamics of the results of trade and economic cooperation between Ukraine and Bosnia and Herzegovina.

"Bilateral trade volumes increase steadily. For example, for only 7 months of 2018, the turnover  indicators have already exceeded the figures of 2017, and for some types of goods there is increase by 2 to 10 times. We hope that the private business of both countries will be able to explore prospects for further development of trade and economic relations of our states", Minister for the Temporary Occupied Territories and Internally Displaced Persons stressed.

Following the meeting of the Joint Committee, there took place a signing ceremony of the Joint Statement of the Co-chairmen of the Joint Committee between Bosnia and Herzegovina and Ukraine. In particular, the statement encompasses the common desire to further develop bilateral economic cooperation on the basis of mutual benefit which will promote the stability and prosperity of both states and further strengthening of long-term mutually beneficial bilateral cooperation.

"Our countries have common historical ties, our cultures are interspersed, our countries have chosen the path of democratic development and the protection of universal values, all this will promote the development of cooperation," Vadym Chernysh stressed.

The Ukrainian side also emphasized that Ukraine supports the aspiration of Bosnia and Herzegovina to become a member of the World Trade Organization.

Joint Statement