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MINISTRY TO ENCOURAGE ANY TRADE STIMULATING DOMESTIC PRODUCTION

ZAGREB, Feb 18 (Hina) - The arrival of foreign store chains has increased competitiveness on the domestic market and the efficacy of trade, Croatia's Economy Ministry said on Tuesday and added it would encourage any trade that stimulated domestic production, regardless of whether the store chain owner was domestic or foreign.
ZAGREB, Feb 18 (Hina) - The arrival of foreign store chains has increased competitiveness on the domestic market and the efficacy of trade, Croatia's Economy Ministry said on Tuesday and added it would encourage any trade that stimulated domestic production, regardless of whether the store chain owner was domestic or foreign. #L# More foreign store chains on the Croatian market eventually benefit consumers because of the wider selection of goods and lower prices, and boost the economy, the ministry maintains. According to its data, trade accounts for ten percent of gross domestic product. The arrival of foreign store chains has also impacted the demonopolisation of the domestic market, said the ministry. (hina) ha sb

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