U.S. AND BOSNIA SIGN RECONSTRUCTION AGREEMENT

SARAJEVO, May 3 (Hina) - US ambassador to Bosnia-Herzegovina John Menzies and Bosnian prime minister Hasan Muratovic signed an agreement in Sarajevo on Friday stipulating the mode of use of USD 282 million the US government had donated for reconstruction of the war-ravaged country. The agreement provided that a special team of experts would be established at the US Embassy in Sarajevo to assist in the reconstruction of Bosnia-Herzegovina. The reconstruction of residential buildings in the northern city of Tuzla would start on Saturday and the project was worth USD 25 million. Menzies said that next week the US would start granting loans to private entrepreneurs to revive small and medium-size companies which were expected to employ several thousand workers. Bosnian Federation president Kresimir Zubak and his deputy Ejup Ganic signed a special letter on the acceptance of the aid stipulated by the agreement. (hina) vm jn 031641 MET may 96