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PRESIDENT MESIC ADDRESSES ECONOMIC FORUM IN PARIS

PARIS PARIS, June 19 (Hina) - Opening a French-Croatian economic forum at the French Foreign Trade Centre in Paris on Thursday, Croatian President Stjepan Mesic said the presence of Croatian political and business officials and entrepreneurs proved the significant interest of Croatia's business community in advancing relations with France.
PARIS, June 19 (Hina) - Opening a French-Croatian economic forum at the French Foreign Trade Centre in Paris on Thursday, Croatian President Stjepan Mesic said the presence of Croatian political and business officials and entrepreneurs proved the significant interest of Croatia's business community in advancing relations with France. #L# President Mesic arrived in Paris yesterday at the helm of a big delegation of state officials and business people. The purpose of the visit is to improve trade relations and confirm Croatia's status as a reliable political partner in South-East Europe. The project of European integration is not only an economic project, but a "major civilisation achievement, with different peoples uniting voluntarily and transferring parts of national sovereignty onto joint institutions, keeping at the same time political sovereignty and their own cultural identity", Mesic said. Reiterating Croatia's wish to become part of such a community, Mesic said Croatia was a "small open economy" in transition which had managed to achieve high growth rates. Croatia plans to join the EU in 2007, Mesic said and presented last year's main economic indicators. Speaking about bilateral trade, Mesic said foreign trade had seen an increase, with overall bilateral trade totalling 714 million US dollars. However, Croatia had a high deficit of almost 400 million dollars as a result of a decrease in exports and a significant rise in imports. Mesic called on Croatian business subjects to increase direct investments. The forum was also addressed by Vice-Premier Slavko Linic, who spoke about economic and political reforms in the past 3.5 years, welcoming changes in the banking sector which he said had legislation similar to the European legislation. European Integration Minister Neven Mimica said it was quite realistic that Croatia would complete reforms by the end of 2006 and become a full EU member in 2007. The forum was also addressed by Tourism Minister Pave Zupan Ruskovic and the Minister of Crafts and Small and Medium-Sized Businesses, Zeljko Pecek. (hina) rml

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