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Express Courier at the “Bosnia and Herzegovina–Libya Partnership Day”: Renewing Cooperation and Reintroducing Bosnian Companies to the Libyan Market

Muris Sehic
Muris SehicNov 21, 2024
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Express Courier at the “Bosnia and Herzegovina–Libya Partnership Day”: Renewing Cooperation and Reintroducing Bosnian Companies to the Libyan Market
On May 21, 2024, Express Courier d.o.o., ASC for UPS in BiH, represented by Executive Director Nihad Gračić and Road Transport Manager Adnan Bavčić, participated in the event titled “Bosnia and Herzegovina–Libya Partnership Day.”

The event was organized by the Foreign Trade Chamber of BiH and gathered over 60 companies from both countries, aiming to strengthen cooperation and facilitate the return of Bosnian firms to the Libyan market.

Zdravko Marinković, Vice President of the Foreign Trade Chamber, highlighted the long-standing positive experience of Bosnian companies in Libya, which have been engaged in various industries such as construction, food production, oil, pharmaceuticals, and the electrical sector. Marinković noted that more than 30 Bosnian companies were active in Libya in the past, while currently around ten remain. In the last three years, Bosnia and Herzegovina’s exports to Libya amounted to 11.2 million euros, with no imports from Libya during this period. For Express Courier, this represents a vital opportunity to reestablish and expand business ties with Libyan partners.

Marinković also emphasized key sectors for future cooperation, including energy, metallurgy, furniture manufacturing, food production, and IT. For Express Courier, this is a significant chance to expand its logistics and courier services in the region.

Issam Al-Awl, head of the Libyan delegation, confirmed the strong ties between BiH and Libya and called for their further strengthening. He stressed the importance of activating partnerships and investments, highlighting the need to sign agreements and memoranda that would provide clear benefits for Bosnian companies, including Express Courier, in investing in Libya.

The event concluded with plans to sign a Memorandum of Understanding between the Foreign Trade Chamber of BiH and the Libyan State Board for Exhibitions. This memorandum aims to improve cooperation in organizing fairs and conferences, representing a key step in strengthening bilateral relations and business opportunities between the two countries.

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