Officials of the Croatian Customs Administration and Bosnia and Herzegovina's Indirect Taxation Administration (ITA BiH) on Wednesday signed a memorandum on the exchange of data to prevent customs fraud, money laundering, smuggling and corruption in customs services.

The memorandum was signed in Banja Luka by ITA BiH director Miro Dzakula and Croatian Customs Administration director Mario Demirovic.

The two customs administrations also agreed to exchange information regarding the reporting of cash taken into and out of the two countries to prevent money laundering as well as information important for preventing smuggling, notably of tobacco.

The two customs administrations also agreed on the start of commodity transport across the Svilaj border crossing as of 1 March. The border crossing was opened at the end of last year.