SPLIT, Dec 14 (Hina) - Representatives of 35 Bosnian companies and 50 firms in four Dalmatian counties on Thursday held talks in the coastal city of Split on the furtherance of their economic cooperation. The delegation from
Bosnia-Herzegovina was led by the head of the Bosnian Federation's Chamber of Commerce, Jago Lasic. He said he was looking forward to a new free trade contract, which Croatia and Bosnia-Herzegovina should sign on 21 December and which would become effective as of 1 January 2001. Lasic reminded that while the former free trade agreement had been in effect until May 1998, the total exchange of commodities between the two countries had come to 962 million dollars. Since the revocation of the contract, the trade between the two countries has continuously been falling. Under the new deal, Croatia will immediately rescind all duties on industrial goods and a
SPLIT, Dec 14 (Hina) - Representatives of 35 Bosnian companies and
50 firms in four Dalmatian counties on Thursday held talks in the
coastal city of Split on the furtherance of their economic
cooperation.
The delegation from Bosnia-Herzegovina was led by the head of the
Bosnian Federation's Chamber of Commerce, Jago Lasic.
He said he was looking forward to a new free trade contract, which
Croatia and Bosnia-Herzegovina should sign on 21 December and which
would become effective as of 1 January 2001.
Lasic reminded that while the former free trade agreement had been
in effect until May 1998, the total exchange of commodities between
the two countries had come to 962 million dollars. Since the
revocation of the contract, the trade between the two countries has
continuously been falling.
Under the new deal, Croatia will immediately rescind all duties on
industrial goods and agricultural produce imported from Bosnia,
whereas Sarajevo will gradually annul duties on Croatian
agricultural products and foodstuffs so that in 2004 it will be
covered by preferential duty of one percent.
During today's meeting Bosnian and southern Croatian business
people considered possibilities for the promotion of cooperation
in the fields of construction materials, metal-working industry,
food-processing industry, transport, production of drinks,
textile and wood-processing industry.
(hina) ms