ZAGREB, May 23 (Hina) - The Croatian government on Thursday decided to initiate a procedure for signing an agreement on Croatia's joining the Central European Free Trade Agreement (CEFTA).
ZAGREB, May 23 (Hina) - The Croatian government on Thursday decided
to initiate a procedure for signing an agreement on Croatia's
joining the Central European Free Trade Agreement (CEFTA). #L#
By passing this decision, the government has formally started a
process of Croatia's joining the organisation which gathers seven
central and southeastern European countries.
The text of the agreement was provisionally defined in February and
is expected to be signed in June.
The agreement should become effective on January 1, 2003.
The CEFTA is Croatia's important economic and trade partner - trade
with the CEFTA member-countries in 2001 amounted to around US$2
billion or 14.5 percent of Croatia's overall foreign trade.
(hina) it sb