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CORRUPTION IN BOSNIA DETERS INTERNATIONAL DONORS -- PETRISCH

MOSTAR, Aug 26 (Hina) - The newly appointed international High Representative to Bosnia-Herzegovina, Wolfgang Petrisch, said Thursday that corruption in the country was a deterrent for international donors. At a news conference in Mostar, Petrisch warned corruption could chase off the most important foreign investors long-term. The investors could help restore the destroyed economy in Bosnia-Herzegovina. He called on the political leadership in Bosnia-Herzegovina to take positive, concrete steps to implement the peace agreement and advocate the fight against corruption. Petrisch said the international community was increasingly dissatisfied with the slowness of the implementation of the Dayton peace agreement. He added that the failure to implement policies in line with European standards could cost Bosnia-Herzegovina dearly. This also goes for neighbouring countries which signed the Dayton Agreement, he
MOSTAR, Aug 26 (Hina) - The newly appointed international High Representative to Bosnia-Herzegovina, Wolfgang Petrisch, said Thursday that corruption in the country was a deterrent for international donors. At a news conference in Mostar, Petrisch warned corruption could chase off the most important foreign investors long-term. The investors could help restore the destroyed economy in Bosnia- Herzegovina. He called on the political leadership in Bosnia-Herzegovina to take positive, concrete steps to implement the peace agreement and advocate the fight against corruption. Petrisch said the international community was increasingly dissatisfied with the slowness of the implementation of the Dayton peace agreement. He added that the failure to implement policies in line with European standards could cost Bosnia-Herzegovina dearly. This also goes for neighbouring countries which signed the Dayton Agreement, he said. The international community is sufficiently determined to introduce permanent peace in Bosnia-Herzegovina, he stressed. Petrisch called on the local Mostar authorities to be prepared to take over the management of the Mostar airport after the current international temporary administration's mandate expires on September 15. Petrisch criticised the local canton authorities for failing to pass a law on local self-government and a law on the distribution of profits, which, he said, could assist the work of Mostar city authorities. He stressed that the return of refugees in all parts of Mostar was considered a test and Mostar must serve as an example in this sense. (hina) lml

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