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Croatian economy minister visits Sarajevo

SarajevoSARAJEVO, April 10 (Hina) - The Croatian government understands theproblems which Bosnia-Herzegovina has in implementing the bilateralfree trade agreement and wants to achieve a permanent and mutuallyacceptable solution, Croatian Economy Minister Branko Vukelic said inSarajevo on Monday.
SARAJEVO, April 10 (Hina) - The Croatian government understands the problems which Bosnia-Herzegovina has in implementing the bilateral free trade agreement and wants to achieve a permanent and mutually acceptable solution, Croatian Economy Minister Branko Vukelic said in Sarajevo on Monday.

Vukelic, who was on a two-day visit to Bosnia-Herzegovina, discussed economic relations between the two countries with his Bosnian counterpart Dragan Doko.

The two ministers discussed the signing of a new multilateral trade agreement based on the expansion of the Central European Free Trade Agreement (CEFTA), stating that it imposed the need to solve problems arising from the partial suspension of the Croatian-Bosnian free trade agreement done unilaterally by Bosnia.

A year and a half ago Bosnia introduced customs duties on milk and dairy products and meat and meat products from Croatia. After the meeting with Vukelic, Doko said that the problem should not be exaggerated and that Croatia was not to blame for the current situation.

"This is only about 2.5 to 3 percent of bilateral trade," he said, adding that the free trade agreement had become contentious in the said segment also because of omissions in negotiations for which Bosnian representatives were responsible.

Vukelic said Croatia wanted the issue of free trade with Bosnia to be settled without new restrictions and discrimination and before the signing of the agreement on the expansion of CEFTA.

He added that the expansion of CEFTA could be expected by the autumn.

The two ministers described as encouraging the constant growth of economic cooperation between the two countries.

Vukelic said that Croatia would support the development of small and medium enterprises in Bosnia.

The two countries will also discuss possible cooperation in the power industry.

Minister Vukelic will visit Mostar in southern Bosnia-Herzegovina on Tuesday.

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