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CROATIA, YUGOSLAVIA RESUME TALKS ON FREE TRADE

ZAGREB, Nov 4 (Hina) - The fifth round of negotiations on a free trade agreement between Croatia and Yugoslavia will be held at the Croatian Economy Ministry in Zagreb on November 5-6.
ZAGREB, Nov 4 (Hina) - The fifth round of negotiations on a free trade agreement between Croatia and Yugoslavia will be held at the Croatian Economy Ministry in Zagreb on November 5-6. #L# In the latest negotiating round, the two sides will try to fully harmonise the lists of industrial, agricultural and food products whose trade will be liberalised, regulations on the origin of goods, as well as adjust the basic text of the agreement, the Ministry said in a statement on Monday. Both sides intend to complete the negotiations in the next two days and initial a free trade agreement, which will provide the basis for the signing of the document. According to the Central Bureau of Statistics, trade between Croatia and Yugoslavia in 2001 amounted to US$186 million, which is 35 percent more than the year before. Of that amount, Croatian exports accounted for US$146.8 million, an increase of 36.9%, while imports from Yugoslavia accounted for US$39.2 million, an increase of 28.2 percent. Croatia's surplus in trade with Yugoslavia totalled US$107.6 million. In the first eight months of this year, trade between the two countries totalled US$138.7 million, which is 8.3 percent more than in the same period last year. Croatia's exports totalled US$105.8 million, an increase of 2.9%, while imports totalled US$32.9 million, an increase of 29.9%, and a surplus of US$73 million. In 2001 Croatia mostly exported oil and mineral oils, not including crude oil (27%), processed tobacco (19.2%), food (3.1%) and electrical engines and parts (2.8%). The most frequently imported goods from Yugoslavia are canned fruit and fruit products, not including juices (7.8%), tractors (6.9%), aluminium (5.3%), and electrical engines and parts (5.1%). (hina) rml sb

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