In response to media questions, Ambassador Dimitris Kourkoulas, Head of Delegation of the European Commission to Bosnia and Herzegovina, expressed his deep concern over yesterday’s media reports on the RS Government’s intention to withdraw from the Elektroprenos BiH.

This, if confirmed, would undermine the achieved reforms in the electricity sector that BiH was able to implement with the substantial technical and financial assistance of the EU and other donors. It would also be a step back in the context of the Stabilisation and Association process, given that dissolution of TRANSCO would undermine the earlier-implemented European Partnership priority. Furthermore, such decision would put at risk the integration of BiH in the regional and EU electricity markets.

Any decision taken against legal rules foreseen by BiH law would erode its credibility vis-à-vis economic operators and potential investors.