Memorandum of Understanding was signed between The Netherlands Minister for Development Cooperation represented by the Embassy of the Kingdom of the Netherlands to Bosnia and Herzegovina and the Department for International Development represented by the British Embassy to Bosnia and Herzegovina as the Donors and the Council of Ministers of Bosnia and Herzegovina, and Governments of the Federation of Bosnia and Herzegovina, and of the Republika Srpska represented by the Ministry of Finance and Treasury of Bosnia and Herzegovina and Prime Ministers of the Federation of Bosnia and Herzegovina and Republika Srpska, for the establishment of the Enterprise Sector Recovery Fund (ESRF).