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GOVT AGREES WITH START OF TALKS ON NEW IMF STAND-BY ARRANGEMENT

ZAGREB, March 16 (Hina) - The Croatian Government on Thursday gave its consent for the start of negotiations on an agreement with the International Monetary Fund (IMF) on a new stand-by arrangement, and forwarded into regular parliamentary procedure a draft law on customs tariffs. According to the bill, customs protection is being harmonised with the tariffs agreed during negotiations for Croatia's accession into the World Trade Organisation, and the new, decreased tariffs, would be applied as the law is announced. Exceptions would be chapters relating to agricultural produce whose new tariffs would be applied when Croatia becomes a full member of the WTO. The discussion on the new customs tariffs was marked with different stances of the ministers of economy, Goranko Fizulic, and agriculture and forestry, Bozidar Pankretic, about the process of the adoption and taking effect of a part of the law pertaining
ZAGREB, March 16 (Hina) - The Croatian Government on Thursday gave its consent for the start of negotiations on an agreement with the International Monetary Fund (IMF) on a new stand-by arrangement, and forwarded into regular parliamentary procedure a draft law on customs tariffs. According to the bill, customs protection is being harmonised with the tariffs agreed during negotiations for Croatia's accession into the World Trade Organisation, and the new, decreased tariffs, would be applied as the law is announced. Exceptions would be chapters relating to agricultural produce whose new tariffs would be applied when Croatia becomes a full member of the WTO. The discussion on the new customs tariffs was marked with different stances of the ministers of economy, Goranko Fizulic, and agriculture and forestry, Bozidar Pankretic, about the process of the adoption and taking effect of a part of the law pertaining to agricultural products. Fizulic advocated an urgent adoption and taking effect of these parts of the law, even before Croatia enters the WTO, while Pankretic felt that the law must enter regular procedure, while its application should be postponed until Croatia joins the WTO. Because of the differing approaches of the United States and the European Union on audio and visual services Croatia has not yet become a member of the WTO, although negotiations on all other issues are completed. Fizulic expects that in the light of new political relations in Croatia the obstacles to Croatia's accession into the WTO should be removed in a short period of time. Croatia must have lower customs tariffs, Fizulic said, stressing that the present customs rates in Croatia were double than those in other transitional countries, and triple than in countries of the EU. Fizulic also sees reasons for urgency in the fact that Croatian citizens had last year spent 8 billion kuna (US$1 million) in shopping tourism, and the budget thus loses between four to five billion kuna (US$500 to 600 million). "One billion dollars might mean 20,000 jobs in trade, transport, service provision," Fizulic said. Contrary to Fizulic's opinion, Pankretic feels that the application of lower customs tariffs in agriculture should not begin before Croatia becomes a full member of the WTO. Why should we unilaterally open up the possibility of import of "sensitive" products, Pankretic asked. He requested a postponement of the application for chapters 1 to 24 pertaining to agriculture, and which, he said, make up 10 per cent of the total customs tariff. During negotiations about membership in the WTO participants agreed on a gradual adjustment, that is, a decrease of customs in the next two to five years, and seven years for agriculture products. According to the draft law, this year customs protection for industrial products should be lessened from the average 10 per cent to 6.6 per cent, and for agricultural products from the average 33.7 to 24.3 per cent. After a short discussion, the Government on Thursday endorsed an agreement on cooperation signed by the Croatian Government and the UN High Commissioner for Refugees which should be signed during Friday's visit of the High Commissioner Sadako Ogata. (hina) lml mm

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