Trust Fund project

Launch of Bosnia and Herzegovina Trust Fund project in support of defense reform Today at NATO Headquarters, the South Eastern Europe Initiative Trust Fund project was launched to support the defense reform efforts of Bosnia and Herzegovina (BiH).

Launch of Bosnia and Herzegovina Trust Fund project in support of defense reform Today at NATO Headquarters, the South Eastern Europe Initiative Trust Fund project was launched to support the defense reform efforts of Bosnia and Herzegovina (BiH). The Trust Fund is designed to provide transition assistance to military and civilian personnel made redundant by the ongoing transformation of the Armed Forces of BiH into a NATO-compatible single military force Croatia, Netherlands and the United Kingdom will act as Lead Nations for the project which will facilitate the reintegration into civilian life of personnel made redundant in 2006 and 2007, as well as selected personnel made redundant in 2004. The total cost of the project is more than 8 million EUR. The International Organization of Migration (IOM) will act as Executing Agent for the project and is implementing similar programmes in Croatia and Serbia and Montenegro. All Trust Fund projects are based on voluntary contributions from NATO Member and Partner Nations. To-date, in addition to the Lead Nations, Bulgaria, Slovenia and Turkey have pledged funding for this project.

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