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No new restrictions in Croatia-Bosnia trade - ministers

SARAJEVO, April 22 (Hina) - Neither Croatia nor Bosnia-Herzegovina willintroduce any new restrictions in bilateral trade and they willresolve the existing difficulties by agreement, Croatian AgricultureMinister Petar Cobankovic and Bosnian Foreign Trade and EconomicRelations Minister Dragan Doko said in Sarajevo on Friday.
SARAJEVO, April 22 (Hina) - Neither Croatia nor Bosnia-Herzegovina will introduce any new restrictions in bilateral trade and they will resolve the existing difficulties by agreement, Croatian Agriculture Minister Petar Cobankovic and Bosnian Foreign Trade and Economic Relations Minister Dragan Doko said in Sarajevo on Friday.

The two officials discussed the implementation of the bilateral free trade agreement and the problems which arose after the Bosnian government last month imposed customs duties on milk, meat and dairy products from Croatia.

Cobankovic said Croatia could not accept unilateral measures, notably in light of the fact that Bosnia benefitted from the free trade agreement.

He said that in 2000, before the agreement went into force, the trade ratio was 1:20 in Croatia's favour, whereas in the first two months of this year it was 1:6.

Cobankovic said Croatia initiated today's meeting in order to resolve the existing problems, adding that the Croatian market remained open to Bosnian product.

"I was given assurances that there will be no other decisions on new measures restricting imports to Bosnia-Herzegovina," he said.

Doko confirmed this, concluding with Cobankovic that recent media speculation on the matter had been completely unfounded.

Doko said that when restricting the import of agricultural product from Croatia, Bosnia imposed customs duties on goods which accounted for only 2.8 per cent of import from Croatia.

The minister said the measure had not been adopted for a specific period of time and that Bosnia was interested in settling this issue as soon as possible.

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