Montenegro at Halal Fair in Sarajevo

By , 04 Sep 2019, 14:31 PM Business
“Sarajevo halal fair” presentation “Sarajevo halal fair” presentation Chamber of commerce

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Certified halal companies from Montenegro will participate in the International Halal Industry Fair in Sarajevo at the end of the month.

In Montenegro, halal certificates are held by two companies, while several restaurants, hotels and companies are in the process of obtaining the certificate.

 “The Montenegrin market is slowly opening up to halal, which is very interesting to us. Our agency is interested in holding a presentation of Halal companies in cooperation with the Chamber of Commerce and the Islamic Community, which are interested in doing business according to this standard," said Nermin Hadzic from the Halal Certification Agency at “Sarajevo Halal Fair” presentation.

Sarajevo Halal Fair is the largest specialized halal industry fair organized for the second time by Bosnia Bank International in cooperation with the Islamic Development Bank Group (IsDB) and the Islamic Community in Bosnia and Herzegovina.

The Chamber of Commerce of Montenegro said that halal tourism is increasingly developing and occupies an important place in the overall tourism industry.

"The development of halal tourism is also present in our region, which, by improving tourism infrastructure, strong promotion and coordinated activities of employees of this industry, can be more significantly integrated into the flows of this market," said the Vice President Ljiljana Filipovic.

She also added that the projection is that by 2020, the value of the halal tourism market will be $200 billion. Bosnia Bank International said that the total value of the world halal market is $ 6.5 trillion, out of which 4.5 belongs to the financial sector.

The Ministry of Agriculture and Rural Development supports the introduction of halal standards, covering 50 percent of consultancy costs, with a maximum value of €8,000.

The fair will be held from 26 to 28 September at “Skenderija” and will bring together representatives of the halal industry from almost every continent, as well as multinational companies that are present in the global market with this type of products. Last year, the fair featured more than 10,000 visitors, 600 business participants, companies, public and private institutions, orgnizations, associations from more than 30 countries, as well as 91 exhibitors from 13 countries.

Text by Damira Kalac, on September 2nd, 2019, read more at Vijesti

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