The Council said that in order to avoid a repetition of "tragic and traumatic experiences from the past", both countries "should bravely and without any reservation face the truth about everything that happened in the past, in which full cooperation with the Hague tribunal, including determining responsibility for the war crimes that were committed, can only be of help to us."
The Council called for stepping up efforts to shed light on the fate of all the people who are still unaccounted-for from the 1990s wars, regardless of their ethnic background and whether they were combatants or civilians.
"Bilateral cooperation between our countries is solely aimed at satisfying and promoting the interests and needs of our nations and citizens and is not, nor may it be, directed against any third country or a group of countries, and also includes joint ventures of the Republic of Croatia and Bosnia and Herzegovina in international organisations and on third markets," the nine-point statement said.
The Council said that particular attention would be paid to the return of all refugees who so wish, regardless of their ethnic background, to their prewar places of residence, in peace and safety.
"The Republic of Croatia fully respects the territorial integrity of Bosnia and Herzegovina, and Bosnia and Herzegovina fully respects the territorial integrity of the Republic of Croatia; proceeding from this position in principle, we shall deal with all open issues relating to the identification of the borderline along individual sections of the border between the two countries through negotiation and consultation."
The two countries also pledged to develop their relations with their neighbours "on the basis of full equality, in the spirit of good neighbourliness and non-interference in internal affairs, in the desire that those relations should be of mutual benefit."
"Consistent development of democracy and democratic institutions, and full equality of the peoples, national minorities and citizens is the only basis on which we can progress along our common path that leads to united Europe; Bosnia and Herzegovina supports the Republic of Croatia, which in its capacity as a candidate country is conducting negotiations on accession to the European Union, and the Republic of Croatia is willing, as part of the policy of mutual assistance and support, to share its experience from Euro-Atlantic integration processes with Bosnia and Herzegovina and other countries of the region," the statement concluded.