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PARLIAMENT DISCUSSES BILL ON FREE ZONES

ZAGREB, Sept 19 (Hina) - The Croatian parliament discussed a bill on free zones and warehouses in the first reading on Thursday. According to the bill, 12 free zones would be tax and duty free which would increase competitiveness and investments into the zones.
ZAGREB, Sept 19 (Hina) - The Croatian parliament discussed a bill on free zones and warehouses in the first reading on Thursday. According to the bill, 12 free zones would be tax and duty free which would increase competitiveness and investments into the zones. #L# Economy Minister Ljubo Jurcic said that according to the law dated 1996, Croatia has 12 free zones in which about US$23 million had been invested. MPs endorsed the bill, but stressed that the country needed to encourage investments in the production in free zones. They also proposed that foreign investments in free zone be encouraged. (hina) it sb

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