Participants discussed the role of state banks in export stimulation and were agreed that state support through an export credit agency or an export bank was one of the best ways of encouraging exports.
HBOR director Anton Kovacev said Croatian exports in the first half of this year went up 12 percent from the same period last year, which he said was the result, among other things, of effective financial support by the state and protection from political and commercial risks on foreign markets.
He added that the creation of a competitive Croatian product was the result of joint efforts by HBOR and exporters, and the cooperation of commercial banks.
Representatives of the European Investment Bank said about EUR300 million should be invested in Southeast Europe annually as of this year.
While discussing Croatian exports, the participants in the conference concluded the problems lay in possibilities of creating recognisable brand products, connecting exporters on foreign markets, and producing goods acceptable to foreign markets.
A cooperation agreement was signed between HBOR and one of Russia's biggest banks, Vneshtorgbanka.