(MENAFN - Kuwait News Agency (KUNA)) The Stabilisation and Association Agreement (SAA) between the EU and Bosnia and Herzegovina (BiH) enters into force Monday.
The SAA establishes a close partnership between the EU and BiH and deepens the political, economic and trade ties between the two parties, noted an EU statement.
"Today's full entry into force of the Stabilisation and Association Agreement is a milestone on Bosnia and Herzegovina's EU path. New chapter begins.. An overwhelming majority of BiH citizens want their country to join the EU and the leadership of the country needs to redouble its engagement and meet citizens' expectations," said EU High Representative Federica Mogherini, in a statement.
On his part, EU Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn, welcomed the entry into force of the SAA as "a defining moment in the relations between the EU and Bosnia and Herzegovina." The first meeting of the SAA is expected to take place in the second half of 2015.