Bosnia and Herzegovina to Cut or Eliminate Tariffs on 74 Raw Material Codes from 2027

Bosnia and Herzegovina announced a temporary reduction or elimination of customs duties on 74 tariff codes covering raw materials and goods used by domestic companies, effective January 1, 2027. The move aims to lower input costs for local industry, though the specific codes and duration are not detailed. This is a modest trade liberalization step that could improve competitiveness but has limited near-term market impact.