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US CROATS OPTIMISTIC AND CAUTIOUS REGARDING INVESTMENTS IN CROATIA

ZAGREB, March 27 (Hina) - Talks on cooperation and investments which American business people of Croat descent on Monday held with Croatian President Stipe Mesic show optimism but also caution of US business people. President Mesic held talks with a delegation of the Croatia-US Business Council of New York, New Jersey, and Connecticut, which was headed by the president and a member of the Council's supervisory board, Radovan Pavelic. Our approach is "optimistic and cautious", Pavelic told reporters after meeting Mesic, adding American Croats expected changes in Croatian legislation and wanted to gain insight into cooperation possibilities. "We discussed the change of the political atmosphere which will positively affect our Diaspora, and (we expect) that it will join our economic processes more freely, especially by investing its capital," the President's advisor on economy Stjepan Zdunic said. Di
ZAGREB, March 27 (Hina) - Talks on cooperation and investments which American business people of Croat descent on Monday held with Croatian President Stipe Mesic show optimism but also caution of US business people. President Mesic held talks with a delegation of the Croatia-US Business Council of New York, New Jersey, and Connecticut, which was headed by the president and a member of the Council's supervisory board, Radovan Pavelic. Our approach is "optimistic and cautious", Pavelic told reporters after meeting Mesic, adding American Croats expected changes in Croatian legislation and wanted to gain insight into cooperation possibilities. "We discussed the change of the political atmosphere which will positively affect our Diaspora, and (we expect) that it will join our economic processes more freely, especially by investing its capital," the President's advisor on economy Stjepan Zdunic said. Discussed at the meeting were different areas of economy, especially tourism and processing industry. The 15-member delegation of the Croatia-US Business Council, which represents some 80 American Croat business people interested in medium and small-scale enterprises, today also met high officials from the Croatian Privatisation Fund (HFP), who provided them with more detailed information on HFP's portfolio. The two sides agreed that another meeting should be held soon, at which Council representatives would present their proposals and intentions regarding some concrete investments into Croatian companies. (hina) rml

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