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CHAMBER OF COMMERCE PRESIDENT: EXPORTS FOR CROATIA A MUST

CAKOVEC, Feb 24 (Hina) - Exports are a must for Croatia's economy especially when its foreign debt has reached US$14 billion, the president of Croatia's Chamber of Commerce, Nadan Vidosevic, said on Monday in Cakovec, where he was discussing the current economic state in Croatia.
CAKOVEC, Feb 24 (Hina) - Exports are a must for Croatia's economy especially when its foreign debt has reached US$14 billion, the president of Croatia's Chamber of Commerce, Nadan Vidosevic, said on Monday in Cakovec, where he was discussing the current economic state in Croatia. #L# The Croatian Bank for Reconstruction and Development should play a huge role in this aspect as well as other development agencies, he said. It is also important to create an institutional infrastructure, said Vidosevic and praised Premier Racan's government because it opened Croatia to the world. Vidosevic backed his theory with numerous examples of free trade agreements that had been signed. Vidosevic stressed the significance of transport, power and utilities' infrastructures. He warned, however, about the significance of the ecological aspect of the oil pipeline to be constructed by Druzba Adria. "Finally, it will depend on us when we will be accepted to the European Union," the president of the Croatian Chamber of Commerce emphasised. (Hina) sp it

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