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CRO FOREIGN MINISTER HELD TALKS ON ECONOMIC COOPERATION IN SINGAPO

$ RE SINGAPORE, March 29 (Hina) - Croatian Foreign Minister Mate Granic on Friday held talks with Singapore officials about the possibilities of promoting bilateral relations.
SINGAPO $ RE SINGAPORE, March 29 (Hina) - Croatian Foreign Minister Mate Granic on Friday held talks with Singapore officials about the possibilities of promoting bilateral relations. #L# Granic met his Singapore colleague, Shunmugan Jayakumar, who had invited him to visit Singapore, and the Vice Premier, Lee Hsien Loomg. "Singapore has a great surplus of capital for investments and the talks mostly focused on Singapore's investments in Croatia," Granic said. The basic precondition for this was peace because Singapore was interested in investing in only a stable and safe Croatia, Granic said. He announced the visit of the Croatian Economy delegation, headed by Vice Premier Borislav Skegro to Singapore and Singapore's participation in the Zagreb Fair. Granic and his assistant in charge of economic issues, Spomenka Cvek, held a lecture in the Singapore Industrialists' Association on business possibilities in Croatia. The Singapore business people were mostly interested in the Croatian bank system, financial risks and the legal system because, as one of the businessmen said, independent judiciary was a condition for investments. (hina) lm jn 291054 MET mar 96

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