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FIRST REGIONAL ECONOMIC FORUM CLOSES

CAVTAT, Dec 5 (Hina) - The first regional economic forum of Southeast Europe in the southern Croatian Adriatic resort town of Cavtat closed on Friday with a series of initiatives aimed at promoting economic cooperation in the region.
CAVTAT, Dec 5 (Hina) - The first regional economic forum of Southeast Europe in the southern Croatian Adriatic resort town of Cavtat closed on Friday with a series of initiatives aimed at promoting economic cooperation in the region. #L# An idea was put forward that the forum should become a regular annual gathering of government officials, business people and scientists from the region on the model of the world economic forum in Davos, Switzerland, with sponsors changing every year. This year's forum was held under the sponsorship of the Chairman of Bosnia-Herzegovina's Council of Minister, Adnan Terzic, and next year the sponsor would be Macedonian President Boris Trajkovski. Participants in the two-day event, held under the title "Competitors and/or Partners on the Road to the European Union", underlined the competitiveness and compatibility of regional economies. It was agreed that in addition to the existing multilateral organisations, cooperation should be strengthened among business people and companies to launch joint ventures in regional and third markets. (hina) vm sb

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