Bosnia and Herzegovina’s Ministry of Foreign Trade and Economic Relations has finalized a contract with a consortium to implement mandatory marking of liquid petroleum fuels. The agreement, signed in Sarajevo on Thursday, initiates a crucial project aimed at strengthening control over the oil derivatives market. This initiative intends to help prevent fuel fraud and ensure market transparency within the country. The mandatory marking system will allow authorities to track fuels throughout the supply chain, from import to sale. Officials anticipate the project will significantly improve revenue collection and combat illicit trading practices. The contract’s execution marks a significant step towards a more regulated and secure fuel market in Bosnia and Herzegovina. Further details regarding the consortium and project specifics were not immediately available.