“Memorandum of Understanding for sustainable economic development of the cross-border DRINA-TARA region was signed by the Mayors or Deputy Mayors from 14 participating municipalities”, 07 March 2013, Zlatibor, Serbia

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Zlatibor_Group photo

The Mayors or their deputies from 14 Municipalities from Bosnia and Herzegovina, Montenegro and Serbia confirmed their heir willingness and readiness for participation in the process of mutual cooperation and joint actions for development of the “DRINA-TARA” cross-border region.

The ceremony for signing of the Memorandum of Understanding took place on the 7st of March 2013 in Hotel “Mona” on Zlatibor, Serbia. The event was hosted by the Municipality of Cajetina.

The aim of the MoU is to promote the mutual understanding and cooperation among the stakeholders as well as the regional ownership of the actions to be implemented in function to sustainable economic growth of the concerned cross-border regions and they express the willingness and readiness for participation in the process of mutual cooperation and joint actions for development of the cross-border regions.

This document is a result of the previous activities realized within the scope of preparations for implementation of the Area Based Development Approach (ABDA) in the Western Balkan countries; Memorandums of Understanding (MoU) between participating municipalities and cities from the four (4) selected cross-border regions were prepared.

The participants were introduced with the concept of Area Based Development (ABD) Approach and with the Baseline Study and Strategic Framework for economic development of the DRINA-TARA cross-border region.

After the presentations, the 1st Meeting of the Stakeholder’s Group was held.

DRINA-TARA Region is among the four (4) vulnerable cross-border areas of the Western Balkans, where the application of the concept of ABDA can help to overcome development barriers and limitations.

The region is placed on a territory that belongs to 3 states: Bosnia and Herzegovina, Montenegro and Serbia. Geographically, it is the area bounded by the natural setting of the Drina Valey and Tara Mountain area. In total 14 municipalities, 6 from Bosnia and Herzegovina, 2 from Montenegro and 6 from Serbia are representing the region.

The Baseline Study and Strategic Framework for economic development and cross-border cooperation implementing the Area Based Development Approach (ABDA) was prepared by the Joint Research Centre – JRC of the EC in close cooperation with the stakeholders from the CB  regions and was financed by the European Commission. At the same time, structures for local participation in the ABDA process, through the Stakeholder Group representing local authorities, Non Governmental Organizations (NGOs) and business sector have been created.