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FOREIGN MINISTRY ISSUES STATEMENT ON FIRST ANNIVERSARY OF STABILITY PACT

ZAGREB, July 29 (Hina) - Over the past year, the Stability Pact has proved to be an important and far-reaching process which, by promoting economic development, democracy, regional cooperation and security mechanisms in the area of South-East Europe, facilitates and speeds up the process of integration of countries in that part of Europe into the European Union and NATO, read a statement issued on Saturday by the Croatian Foreign Ministry on the occasion of the first anniversary of the Stability Pact, which was adopted at a conference in Sarajevo.
ZAGREB, July 29 (Hina) - Over the past year, the Stability Pact has proved to be an important and far-reaching process which, by promoting economic development, democracy, regional cooperation and security mechanisms in the area of South-East Europe, facilitates and speeds up the process of integration of countries in that part of Europe into the European Union and NATO, read a statement issued on Saturday by the Croatian Foreign Ministry on the occasion of the first anniversary of the Stability Pact, which was adopted at a conference in Sarajevo. #L# Croatia plays an active role in the Stability Pact by acting as a generator of stability in the region and as a country which sees the Pact's mechanisms as significant assistance for the achievement of its principle foreign policy goals - its speedy accession to Euro- Atlantic associations and the permanent stabilisation of the security and economic situation in the region. Croatia's active role in the Pact is confirmed by concrete projects of which Croatia is the main bearer, such as a meeting of parliamentary presidents of all member-countries of the Pact (to be held in Zagreb in September this year), as well as a regional verification centre (which is to be opened in Zagreb in October in cooperation with Germany and other NATO member-countries and countries in the region). This role will be additionally accentuated in January 2001, when Croatia will take over the co- chairmanship of the Working Table on Security. Croatia pays special attention to large Stability Pact projects aimed at stimulating foreign investments in the region, such as the Anti-Corruption Initiative and the Investment Charter. Of infrastructure projects within the Pact, the most important one for Croatia is the Adriatic-Ionian highway. This autumn, interested countries will meet in Athens to continue preparations for the implementation of that project in line with conclusions adopted at a working meeting held in Dubrovnik in January. Croatia attaches great importance to the speedy implementation of the so-called quick-start projects of the Pact, which include five projects in Croatia (the largest one being the highway Breznicki Hum-Varazdin). To quickly and efficiently implement these projects, by using funds raised at the Pact's funding conference in Brussels, is of utmost importance for the Pact's credibility in the region and for keeping its direction and dynamics as set in Cologne and Sarajevo a year ago. The basic documents of the Pact, adopted at the ministerial meeting in Cologne and the Sarajevo summit remain Croatia's basic political framework regarding the Pact's objectives and implementation mechanisms. Croatia appreciates efforts invested by the Pact's Special Coordinator Bodo Hombach and his associates so that the complex structure of the Pact could function as effectively as possible and its demanding mechanisms could start giving the desired results. Croatia expresses its gratitude to the European Union for its leading role in the creation and activating of the Pact, as well as to the United States for its exceptional contribution in promoting the activities in all three working tables of the Pact. Credit should also go to all other participants in and assistants to the Pact, without whose joint efforts the Pact could not have realised as much as it did in the first year. Croatia will continue to decisively support the Pact's operation based on the principles of full transparency, efficiency and equality of all participants. The principle that the Pact belongs to the countries in the region should be respected in a more consistent manner in the future. The link between the Pact and the process of stabilisation and association is for Croatia of utmost importance, especially in the light of the imminent beginning of talks with the EU on a Stabilisation and Association Agreement. In its drawing closer to the EU, Croatia intends to continue using the Pact as a framework within which it will more easily and quickly achieve full compatibility with standards required for EU and NATO membership. The expansion of the Pact to four new members - Norway, Switzerland, Canada and Japan - has confirmed an increasing interest of the international community in this strategic process. Today the Stability Pact is an unavoidable factor in all processes and consideration regarding stability, development and progress in South-East Europe. Croatia will continue to actively participate in the Pact, supporting a speedy implementation of its principles, aims and projects to the benefit of every country in South-East Europe and the entire Europe, the Foreign Ministry's statement read. (hina) rml

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