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CROATIAN, SERBIAN METAL MANUFACTURERS DISCUSS BETTER COOPERATION

ZAGREB, June 27 (Hina) - Increasing trade, restoring and re-establishing higher forms of business cooperation, joint projects, and joint access to third markets were the main topics of a meeting of representatives of the Serbian and Croatian metal, machine building, and power companies.
ZAGREB, June 27 (Hina) - Increasing trade, restoring and re- establishing higher forms of business cooperation, joint projects, and joint access to third markets were the main topics of a meeting of representatives of the Serbian and Croatian metal, machine building, and power companies. #L# Jezdimir Arsic, secretary of the Serbian Metal and Power Industry Association, said the signing of a free trade agreement would increase and facilitate trade between the two countries. Arsic believes the agreement would go into force on January 1, 2003. Miljenko Babic of the Croatian Chamber of Commerce (HGK) Industries Sector stressed the importance of trade, which he said was modest. Last year's trade between Croatia and Yugoslavia totalled 186 million US dollars. Croatia's exports to Yugoslavia accounted for USD147 million of the amount, while imports from Yugoslavia totalled USD39 million. Today's meeting was organised by the HGK and the Serbian Chamber of Commerce, with the aim of promoting economic cooperation. Participating in the meeting were 20 representatives from Serbian companies (Ikarus, Prva petoljetka, Zastava, IMT, etc.) and representatives of some 60 Croatian companies, including the Viktor Lenac shipyard, Croatia Pumps, Sisak Ironworks, etc. (hina) rml sb

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