"There is no other way out but to talk to Sanader and try to reach an agreement. If that is not done, Bosnia-Herzegovina will stick by its current position and will not join CEFTA," Terzic said.
Terzic said that he was surprised to see Croatia change its previous positive position on Bosnia's request to amend the existing bilateral agreement on free trade in order to protect Bosnia's farming sector that is inferior to Croatia's.
Following instructions from his government, Bosnia's chief negotiator on CEFTA, Anton Rill, this week did not initial the agreement on CEFTA, stating that this was due to Croatia's decision to reject the proposed amendments to the bilateral free trade agreement that would introduce customs duties for some food products that are imported into Bosnia from Croatia.
"Croatia's decision is incomprehensible considering the fact that since the entry into force of the free trade agreement Croatia has exported goods to Bosnia worth 10 billion convertible marks. By amending the agreement, Croatia would lose 10 million convertible marks, which is insignificant in relation to the benefit it gets from trade with Bosnia," Rill said.
He added that there was still time to change the current situation, since prime ministers from the countries in the region were expected to sign the agreement on CEFTA on December 12.