Partnership between the National Park Tara from Serbia and the Republic Institute for Protection of Cultural, Historical and Natural Heritage Banja Luka from Bosnia and Herzegovina was formally announced on 16 November 2011.
The directors of these two institutions dedicated to the preservation of biodiversity signed a Memorandum of Understanding in which they pledge to develop and implement cross-border activities on common strategic fields. Judging from the activities under this Agreement, Serbia and Bosnia and Herzegovina may soon have the first Transboundary Biosphere Reserve, which would extend on the territory of 6 municipalities: Visegrad, Srebrenica, Rogatica in BiH and Užice, Čajetina, Bajina Bašta in Serbia.
Cross-border cooperation is a prerequisite for the systematic and long-term biodiversity conservation and community development based on sustainable use of natural resources.
Memorandum of Understanding was signed within the project "Environment for people in the Dinaric Arc" that is being implemented by the IUCN (International Union for Nature Conservation), WWF MedPO (World Wide Fund for Nature Mediterranean Program) and SNV (Netherlands Development Organization), and funded by the Ministry of Foreign Affairs of Finland.