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CROATIAN DEPUTY PM, U.S. REPS. TALK JOINT ENERGY PROJECTS

WASHINGTON, April 15 (Hina) - Croatian Deputy Prime Minister Slavko Linic held talks in Washington on Monday with representatives of the United States administration about the possible participation of the U.S. and its companies in Croatian energy projects.
WASHINGTON, April 15 (Hina) - Croatian Deputy Prime Minister Slavko Linic held talks in Washington on Monday with representatives of the United States administration about the possible participation of the U.S. and its companies in Croatian energy projects. #L# Over the weekend, Linic attended the spring conferences of the International Monetary Fund (IMF) and the World Bank, while on Monday he discussed bolstering the U.S.-Croatia cooperation with delegations of the U.S. Department of Energy, Chamber of Commerce, and the U.S. Trade Development Agency (USTDA). "The Americans want free transit for oil and gas and more transport routes, so that neither terrorism, nor war, nor natural disasters can stop energy courses because that would endanger the future and the development of the country," Linic told Hina over the telephone. He added the Americans were aware of the necessity of sustainable development and had the know-how, experience, and will to invest also in environmental protection. Linic said the U.S. and Croatia could find a common interest in the building of oil and gas pipelines in Croatia, the development of Croatian oil giant INA's refineries, and the building of new energy facilities, especially a new gas thermoelectric power plant. He recalled the USTDA was already working on a project of an oil pipeline from Romania's Constanta on the Black Sea to Croatia's Omisalj. Linic stressed that in talks with U.S. government officials and businessmen, including those from the IMF and the World Bank, he encountered no indication of resistance at all towards Croatia after its government did not fully endorse the U.S. military action in Iraq. Linic said Croatia was interested in participating in the reconstruction of Iraq with its construction companies, as well as in the renewal of the oil industry and the power supply system, independently or in cooperation with U.S. companies. "This proposal was well-received". The U.S. and Croatia are trying to incite direct business cooperation between their businessmen which would be supported by the U.S. administration and its agencies and the Croatian Chamber of Trades and the government's newly formed Investment Stimulation Agency, said Linic. He added the IMF delegation commended the economic results Croatia achieved last and this year so far, as well as the government's keeping within budgetary limits and the fact that there was no spending frenzy in pre-election time. The IMF is satisfied with how the stand-by deal with Croatia is being implemented and in May will send a delegation to Zagreb to agree on criteria for the implementation of the deal until the end of the year, said Linic. In talks with World Bank representatives, the Croatian delegation said the government would implement the programmes necessary for the approval of the second half of the Structural Adjustment Loan before the election, tentatively scheduled for the autumn, Linic said, adding Croatia expected the Bank to focus more on bolstering the private sector. (hina) ha

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