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CRO GOVT ADOPTS REPORT ON TALKS FOR ADMISSION TO WTO

ZAGREB, Mar 11 (Hina) - The Croatian government on Thursday adopted a report on the tenth round of bilateral negotiations for Croatia's admission to the World Trade Organisation, the government's Communications Office said in a statement. The closed part of today's session was presided by Premier Zlatko Matesa. The government passed a decision on collecting and using separate means for the rehabilitation of companies in difficulties. The money is to be gathered from the state budget, ministries' budgets, banks, and other sources, and will serve to grant rehabilitation loans to companies faced with financial difficulties. Also adopted were government amendments to a bill on incentives and compensation for agriculture and fishing, and to a bill on changes to the distress law. Both were forwarded to parliament for discussion. The government reached a conclusion expressing its interest in Council of Europe S
ZAGREB, Mar 11 (Hina) - The Croatian government on Thursday adopted a report on the tenth round of bilateral negotiations for Croatia's admission to the World Trade Organisation, the government's Communications Office said in a statement. The closed part of today's session was presided by Premier Zlatko Matesa. The government passed a decision on collecting and using separate means for the rehabilitation of companies in difficulties. The money is to be gathered from the state budget, ministries' budgets, banks, and other sources, and will serve to grant rehabilitation loans to companies faced with financial difficulties. Also adopted were government amendments to a bill on incentives and compensation for agriculture and fishing, and to a bill on changes to the distress law. Both were forwarded to parliament for discussion. The government reached a conclusion expressing its interest in Council of Europe Social Development Fund loans for the financing of projects on the reconstruction and building of utilities infrastructure in areas of special government concern, and in municipalities and towns accommodating a high number of displaced persons. The government suggested the President of the Republic confirm the election of Branimir Glavas as prefect of Osijek-Baranja County. Mario Kezic has been relieved of duty as assistant culture minister, and Miljenko Domijan has been appointed to his post. Franjo Antun Blazevic has been appointed assistant privatisation minister. The government confirmed the choice of the Dresdner Kleinwort Benson bank as financial advisor in the privatisation of the Croatian Telecommunications company. Finance Minister Borislav Skegro spoke to reporters about the procedure applied in choosing the advisor bank which he said consisted of three stages. Fourteen foreign banks applied for the bid for tenders in the first stage, while only two remained in the final one - the Dresdner bank and the Credit Suisse First Boston bank. An agreement with the bank will be signed by Privatisation Minister Milan Kovac. (hina) ha

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