BiH Ministry of Foreign Trade and Economic Relations with a support from the EU funded project - Developing Trade Policy and Related Capacity in Bosnia and Herzegovina (EU TPP) is working on establishment of trade model, which will help in defining and running BiH foreign trade policy. The aforementioned model requires creation of a database. This was the reason for initiative to establish the Statistics Coordination Group, which should cover all relevant producers and users of statistical data. First meeting of the Coordination Statistics Group took place in the Ministry of Foreign Trade and Economic Relations and it included: BiH Statistics Agency, Central Bank, Indirect Taxation Authority, Macroeconomic Analysis Unit of the ITA Governing Group, Directorate for Economic Planning, Federal Bureau of Statistics from the Federation of BiH, RS Institute of Statistics and Foreign Trade Commerce. Basic task of this group is to assess current situation on procedures of statistics reporting and what data should they regularly send to the Ministry for the purpose of trade model.. Ms. Carmen Fratita, representative of EU TTP, emphasized importance of coherent trade policy that will be appropriate to conditions of global trade system and adequately recognize BiH comparative advantages. Memorandum of Understanding will be signed at the next meeting of the Statistics Coordination Group. The Group will also discuss report on assessment of preliminary models, which is prepared by EU TTP.