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CROATIA, ITALY SIGN LETTER OF UNDERSTANDING ON COOPERATION

ZAGREB, April 22 (Hina) - A letter of understanding on Croatian-Italian cooperation in small economy defining a wider framework of industrial cooperation and the development of the private sector in the future was signed in Zagreb on Monday.
ZAGREB, April 22 (Hina) - A letter of understanding on Croatian- Italian cooperation in small economy defining a wider framework of industrial cooperation and the development of the private sector in the future was signed in Zagreb on Monday. #L# The document was signed by the Deputy Italian Economy Minister Adolfo Urso and Croatia's Crafts, Small and Medium Enterprises Minister Zeljko Pecek. Italy is Croatia's chief trade partner, with US$2.6 billion realised in 2001, the majority of which referred to small businesses, said Pecek. Good cooperation was achieved in shipbuilding and wood and textile processing. Croatia believes that direct communication between the two countries' businessmen will gain in importance in the future, said Pecek, announcing that a Croatian delegation would soon visit Italy. Deputy Minister Urso said a special working group would be established to deal with regional cooperation in terms of small economy. An Italian delegation headed by Urso today discussed the possibilities of improving tourist cooperation with representatives of the Croatian Tourism Ministry. Both sides agreed the development of tourism was strategically important for the two countries. They concluded it was necessary to upgrade the joint preservation and presentation of the Adriatic coast. Italian businessmen are very interested in investing in boating, camping and agrotourism in Croatia, said Urso. (hina) ha sb

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