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ISRAELI AMBASSADOR VISITS CROATIAN ECONOMY MINISTRY

ZAGREB, Nov 3 (Hina) - The State Secretary for Entrepreneurship at theCroatian Ministry of the Economy, Labour and Entrepreneurship, TajanaKesic-Sapic, met the Vienna-based Israeli Ambassador to Croatia, YaelRubinstein, in Zagreb on Wednesday, and agreed that politicalrelations between the two countries were excellent, but that economicrelations could be better since there were possibilities for businesscooperation in many areas.
ZAGREB, Nov 3 (Hina) - The State Secretary for Entrepreneurship at the Croatian Ministry of the Economy, Labour and Entrepreneurship, Tajana Kesic-Sapic, met the Vienna-based Israeli Ambassador to Croatia, Yael Rubinstein, in Zagreb on Wednesday, and agreed that political relations between the two countries were excellent, but that economic relations could be better since there were possibilities for business cooperation in many areas.

Kesic-Sapic cited possibilities for cooperation in the areas of infrastructure construction, environmental protection, water management, agriculture, energy, shipbuilding, tourism, entrepreneurship, joint ventures on third markets, and free zones, the Ministry said in a statement.

It was agreed that based on the agreement on economic cooperation signed by the two governments in August 2000, a joint committee on economic cooperation would be established to elaborate possible forms of cooperation.

Croatia invited Israeli Industry and Trade Minister Ehud Olmerta to visit Croatia, and Rubinstein said that Olmerta planned to visit Croatia next year.

In the first half of 2004 trade between Croatia and Israel amounted to USD12.3 million, which was 0.6 per cent less than in the same period in 2003. Croatian exports to Israel totalled USD2.8 million, which was 40 per cent less than in the first six months last year, while its imports were USD9.5 million, an increase of 23.9 per cent.

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