Due to the failure to comply with Energy Community Treaty and the Third Energy Package, the project for the construction of 400 kV transmission line that will connect Serbia, Montenegro and Bosnia and Herzegovina (BiH) has been halted.
The representatives of the Ministry of Foreign Trade and Economic Relations explained that this has delayed the realization of 10 million euros from EU funds, the amount which relates to the part of this project in BiH. This joint project of the three countries has been approved at the Western Balkan Summit in Vienna in 2015 and the EU expressed willingness to financially support the project since all there countries are determined to implement it, which is proven by already developed feasibility study and established Belgrade-based joint venture.
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Tags: BIH, Bosnia and Herzegovina, construction, electricity, electricity transmission, FBIH, investment, Montenegro, RS, Serbia, transmission line