Commenting on the TRANSCO Shareholders Assembly today, EUD/EUSR spokesperson Andy McGuffie said:

“We welcome the steps undertaken by  TRANSCO Shareholders during the TRANCO Shareholders Assembly held today in Sarajevo. The approval of the decision on appointment of new management structures along with the approval of a three–year investment plan represent a positive development in implementation of the Conclusions issued  following the EC – BIH Ministerial meeting held in Brussels in January this year. The relevant authorities in Bosnia and Herzegovina are encouraged to continue working together for successful enactment of activities that would ensure the future viability of TRANSCO. To that end, we urge the relevant parties to swiftly adopt Long Term Transmission Network Development Plan as agreed during the EC- BiH Ministerial Meeting.”