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AMBASSADOR: FREE TRADE DEAL BETWEEN CROATIA AND BH IS NECESSARY

ZAGREB, Sept 13 (Hina) - Both Bosnia-Herzegovina and Croatia have the mutual interest in reaching free trade agreement as soon as possible, Bosnia's Ambassador to Croatia Hasan Muratovic told reporters at a news conference which the Bosnian Chamber of Commerce organised during the international autumn fair in Zagreb. Muratovic said his country regarded Croatia as the most important economic partner. A level of the trade between the two countries is far below real possibilities, the diplomat added. Therefore it is necessary to adopt legal solutions and sign a treaty on the trade cooperation and tariffs, settle the property and legal relations between the two countries and re-establish the railway traffic. The president of the Bosnian Serb entity's Chamber of Commerce, Nedeljko Suzic, also complained that a lack of a free trade agreement between the two countries was a big obsta
ZAGREB, Sept 13 (Hina) - Both Bosnia-Herzegovina and Croatia have the mutual interest in reaching free trade agreement as soon as possible, Bosnia's Ambassador to Croatia Hasan Muratovic told reporters at a news conference which the Bosnian Chamber of Commerce organised during the international autumn fair in Zagreb. Muratovic said his country regarded Croatia as the most important economic partner. A level of the trade between the two countries is far below real possibilities, the diplomat added. Therefore it is necessary to adopt legal solutions and sign a treaty on the trade cooperation and tariffs, settle the property and legal relations between the two countries and re-establish the railway traffic. The president of the Bosnian Serb entity's Chamber of Commerce, Nedeljko Suzic, also complained that a lack of a free trade agreement between the two countries was a big obstacle for both Croatian and Bosnian economy. This year Croatian and Bosnian business people have intensified talks, and conclusions and requests from their joint meetings should facilitate attempts aimed at an increase in the trade. According to Croatia's Statistical Office, Croatia's exports to Bosnia totalled US$ 547 million last year, with a drop of 16.3 percent as against 1998, while is imports from Bosnia came to 117 million, or by 24.9 percent less than in 1998. (hina) jn ms

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