WARSAW, Nov 7 (Hina) - Croatia and Poland signed a free trade agreement in Warsaw on Wednesday, whereby the tariff rate in trade in industrial goods is zero percent, while trade in farm produce is regulated by concessions on both
sides. The agreement was signed by Croatia's assistant minister for international economic relations Olgica Spevec and the Polish Economy Ministry's state under-secretary Ewa Freyberg. "These will be good measures for our businessmen," said Freyberg. The agreement, which goes into force on January 1, provides conditions not only for an increase in trade but the overall economic cooperation as well, said Spevec. Croatian-Polish trade in this year's first eight months totalled $145.8 million, which is twice the turnover of the period the year before. Croatia's export has, however, continued to decrease, being at $9.4 million almost 40 percent lower than last year, as
WARSAW, Nov 7 (Hina) - Croatia and Poland signed a free trade
agreement in Warsaw on Wednesday, whereby the tariff rate in trade
in industrial goods is zero percent, while trade in farm produce is
regulated by concessions on both sides.
The agreement was signed by Croatia's assistant minister for
international economic relations Olgica Spevec and the Polish
Economy Ministry's state under-secretary Ewa Freyberg.
"These will be good measures for our businessmen," said Freyberg.
The agreement, which goes into force on January 1, provides
conditions not only for an increase in trade but the overall
economic cooperation as well, said Spevec.
Croatian-Polish trade in this year's first eight months totalled
$145.8 million, which is twice the turnover of the period the year
before. Croatia's export has, however, continued to decrease,
being at $9.4 million almost 40 percent lower than last year, as
against $136 million made in import from Poland, an increase of
135.4 percent.
Croatia yesterday signed a free trade agreement with Slovakia, and
will sign one with the Czech Republic on Monday. Agreements with
Bulgaria and Romania are expected to be signed, and have been signed
with Macedonia and Bosnia and Herzegovina.
Croatia will thus have signed free trade agreements with five
countries participating in the Central European Free Trade
Agreement (CEFTA) and be ready for joining the CEFTA next spring.
These documents, alongside the recently signed Stabilisation and
Association Agreement with the European Union, will bring major
changes on the domestic market and facilitate domestic companies'
access to foreign markets.
(hina) ha