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MEETING OF REGIONAL DEVELOPMENT BANKS FOR EXPORT FINANCING STARTS

ZAGREB, June 12 (Hina) - The financing of export and securing of investments in the region from political and commercial risks are central topics of Tuesday's meeting of regional development banks of the Southeastern European countries held in Zagreb. The meeting was jointly organised by the Croatian Bank for Reconstruction and Development (HBOR), the Stability Pact and the Organisation for Economic Cooperation and Development (OECD). Also present at the meeting were representative of government agencies, financial institutions, including representatives of the European Commission, the United Nations, the World bank, the European Bank for Reconstruction and Development, the Council of Europe's Development Bank. A regional consensus on the priorities of a financial instruments' reform should be reached at the meeting. The present were also addressed by Special coordinator for the
ZAGREB, June 12 (Hina) - The financing of export and securing of investments in the region from political and commercial risks are central topics of Tuesday's meeting of regional development banks of the Southeastern European countries held in Zagreb. The meeting was jointly organised by the Croatian Bank for Reconstruction and Development (HBOR), the Stability Pact and the Organisation for Economic Cooperation and Development (OECD). Also present at the meeting were representative of government agencies, financial institutions, including representatives of the European Commission, the United Nations, the World bank, the European Bank for Reconstruction and Development, the Council of Europe's Development Bank. A regional consensus on the priorities of a financial instruments' reform should be reached at the meeting. The present were also addressed by Special coordinator for the Stability Pact Bodo Hombach, according to whom, the economies of the countries in the region achieved significant progress over the past two years. The Croatian vice premier Slavko Linic spoke of the significance of institutions of the financing of export and insurance companies. (hina) it sb

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