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FOREIGN AID CONDITIONAL ON IMPLEMENTATION OF DAYTON AGREEMENT

Autor: ;VM;
SARAJEVO, Jan 14 (Hina) - The donors' conference on the postwar reconstruction of Bosnia-Herzegovina held in Brussels earlier this month has achieved substantial results, the heads of the World Bank and European Union missions to Sarajevo, Rory O'Sullivan and Donato Chiarini, said on Tuesday. Members of the Bosnian delegation had been very cooperative, which left donors with an impression that investments should be made in Bosnia-Herzegovina, they said. Chiarini said that besides reconstruction projects attention should be paid to creating conditions for foreign investment, including the carrying out of macroeconomic reforms and the establishment of a central bank. O'Sullivan said that donors had shown a desire to invest in both entities of Bosnia-Herzegovina but that they would most likely continue to insist on the fulfilment of certain political conditions, primarily on the full implementation of the Dayton peace agreement. In 1997 donor countries should ensure 1.4 billion US dollars for reconstruction and concrete contributions were expected to be made at the next donors' conference due to take place in March. (hina) vm jn 141441 MET jan 97

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