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CROATIAN BANK AND INDONESIAN AGENCY SIGN COOPERATION AGREEMENT

ZAGREB, April 11 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) on Friday signed an agreement on cooperation with Indonesia's agency for export and loans, Asuransi Ekspor Indonesia (ASEI), the HBOR reported.
ZAGREB, April 11 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) on Friday signed an agreement on cooperation with Indonesia's agency for export and loans, Asuransi Ekspor Indonesia (ASEI), the HBOR reported. #L# The treaty sets up a framework for cooperation between the HBOR and ASEI in the stimulation and support of trade and investments between Croatia and Indonesia and in facilitating the delivery of their goods and providing their services to third countries. The ASEI was established by the Indonesian government in 1985 in order to back the economic development of the country. Basic activities of the agency are the issuing of insurance policies for export and the granting of guarantees. (hina) ms sb

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