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Bosnia and Herzegovina (BiH) imports approximately two-thirds of its overall food needs.
Over the past 11 years (2004-2013) U.S. exports to the Caribbean Island Basin of consumer-oriented products and fish products have averaged over 10 percent annual growth.
The European Commission released its Progress Report on BiH’s pre-accession efforts and concluded that substantial work remains to be done in the fields of agriculture and rural development.
There is a need for genetic improvement of BiH’s dairy herds to increase the production of milk and meat and create higher income for the rural population.
Bosnia and Herzegovina imports 90 percent of the pet food consumed and these imports reached $7.5 million in 2013.
Biotech regulation has been virtually non-existent in the Caribbean. That may change in the years ahead as twelve Caribbean Community (CARICOM) countries move forward with UN Biosafety Frameworks.
Bosnia and Herzegovina recently started adopting regulations that govern biotech products.