On December 27, 2011 the Rector of the University of Bihać, Prof. Refik Šahinović was in Mostar, where he signed a contract on the use of grant funds from the Federal Ministry of Development, Entrepreneurship and Trade. Grant was awarded to the University of Bihać. Rector and the Minister Dr. Sanjin Halimović discussed future cooperation between the University of Bihać and the above mentioned Ministry.