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CROATIA, RUSSIA SIGN ECONOMIC COOPERATION PROTOCOL

ZAGREB, Feb 15 (Hina) - A Protocol on Economic Cooperation was signed by the Croatian Economy Minister, Davor Stern and First Assistant to the Russian Economy Minister, Andrej Sapovaljanc in Zagreb on Thursday.
ZAGREB, Feb 15 (Hina) - A Protocol on Economic Cooperation was signed by the Croatian Economy Minister, Davor Stern and First Assistant to the Russian Economy Minister, Andrej Sapovaljanc in Zagreb on Thursday. #L# After signing, Sapovaljanc stated that Croatia would continue exporting ships for the Russian merchant marine and that cooperation in power industry had been agreed upon. He added that efforts would continue to be put into an agreement on support and mutual protection of investments whose acceptance would ensure a secure legal background for a successful cooperation in the future. Stern stressed that the signing of the Protocol meant that the economic cooperation with Russia would be resumed after a three- year interlude. Russia was Croatia's fourth foreign partner, inspite the pause, Stern said, adding that Croatia was importing a large amount of oil and gas from Russia. "We hope that the development of economic relations between Croatia and Russia will influence inter-political relations which have been greatly improving in the past period," Stern said. (hina) lm mm 152252 MET feb 96

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