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FIRST CONTRACTS BETWEEN CRO AND YUGOSLAV COMPANIES

BELGRADE, Nov 16 (Hina) - More than 800 Croatian and Yugoslav business people met in Belgrade Thursday to discuss economic cooperation. They agreed that possibilities for economic cooperation between the two countries existed in almost all sectors of economy, as well as in the realisation of regional development projects. The first contracts have been signed at the Yugoslav Chamber of Commerce already at today's meeting attended by more than 400 business people, president of the Croatian Chamber of Commerce Nadan Vidosevic told a news conference Thursday. Agreements were signed ion cooperation in the metal industry. Daruvar's company Dalir signed two contracts, including an agreement worth DM500,000. Croatian and Yugoslav companies should institutionalise conditions for cooperation with the aim of stimulating economic cooperation, Yugoslav Chamber of Commerce president Drago Sofranac said. This includes, he said,
BELGRADE, Nov 16 (Hina) - More than 800 Croatian and Yugoslav business people met in Belgrade Thursday to discuss economic cooperation. They agreed that possibilities for economic cooperation between the two countries existed in almost all sectors of economy, as well as in the realisation of regional development projects. The first contracts have been signed at the Yugoslav Chamber of Commerce already at today's meeting attended by more than 400 business people, president of the Croatian Chamber of Commerce Nadan Vidosevic told a news conference Thursday. Agreements were signed ion cooperation in the metal industry. Daruvar's company Dalir signed two contracts, including an agreement worth DM500,000. Croatian and Yugoslav companies should institutionalise conditions for cooperation with the aim of stimulating economic cooperation, Yugoslav Chamber of Commerce president Drago Sofranac said. This includes, he said, the ratification of signed agreements on trade, protection of investments and the avoidance of double taxation. It is also necessary to sign other agreements regulating economic cooperation. In order to secure economic cooperation conditions in the future, it is necessary to initiate the liberalisation of trade, the establishment of the money transfer system, and enabling an undisturbed carrying out of all forms of traffic and transport, Vidosevic said. Furthermore, it is necessary to view the possibilities of liberalisation of the visa regime with the aim of facilitating business contacts and transport. Vidosevic asserted the gathering of more than 800 business people obligated the two countries' governments to solve institutional circumstances obstructing current cooperation. Participants of the meeting agreed that the process of opening commerce chamber offices in both countries should begin, and the upcoming meeting of delegations of chambers of commerce be organised in the first quarter of 2001 in Zagreb. (hina) lml

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