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Croatian economy minister receives Portuguese ambassador

ZAGREB, June 16 (Hina) - Croatia and Portugal have good political andfriendly relations, but they have to advance economic cooperation andincrease trade, Croatian Economy Minister Branko Vukelic andPortuguese Ambassador Luis Barreiros said in Zagreb on Thursday,according to a press release.
ZAGREB, June 16 (Hina) - Croatia and Portugal have good political and friendly relations, but they have to advance economic cooperation and increase trade, Croatian Economy Minister Branko Vukelic and Portuguese Ambassador Luis Barreiros said in Zagreb on Thursday, according to a press release.

Vukelic said Croatia was interested in attracting Portuguese investment and stepping up cooperation, notably in small and medium-sized enterprise.

Barreiros said Portugal's business people were increasingly interested in Croatia and offered, among other things, sharing Portugal's experience in negotiating about European Union preaccession funds.

Croatia-Portugal trade accounts for 0.11 per cent of Croatia's foreign exchange of commodities.

Last year trade between the two countries was US$26.7 million, up 29.6 per cent from 2003. Croatian exports amounted to $1.9 million, up 16.2 per cent from 2003, while imports, worth $24.8 million, were up 30.8 per cent.

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