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GRANIC ENDS VISIT TO SOUTH KOREA

SEOUL, 13 Dec (Hina) - A seminar on investment in Croatia was held in the South-Korean Chamber of Trade and Industry on Friday. Representatives of interested Korean companies, who attended the seminar, were informed about microeconomic indicators of the situation in Croatian economy as well as about legal and other possibilities for foreign investments.
SEOUL, 13 Dec (Hina) - A seminar on investment in Croatia was held in the South-Korean Chamber of Trade and Industry on Friday. Representatives of interested Korean companies, who attended the seminar, were informed about microeconomic indicators of the situation in Croatian economy as well as about legal and other possibilities for foreign investments. #L# The seminar was first addressed by Croatian Foreign Minister Mate Granic and the Chamber's head Sang-Ha Kim. Before the seminar began, the two officials held a meeting which tackled the role of trade chambers of the two countries in widening economic exchange and removing the current adverse balance of trade. In his introductory speech, the Chamber's head Sang-Ha Kim stressed the stability of Croatia's economy, adding that Croatia was a 'potentially promising market'. Granic briefed the seminar about Croatia's history and main guidelines of its present political and economic position. Announcing the forthcoming signing of new agreements between Croatia and South Korea, Granic expressed hope that the two countries would open their respective embassies in Zagreb and Seoul during the next year. Granic's aide for economic cooperation, Spomenka Cek, informed the seminar about possibilities Croatian economy offered to potential investors. The seminar in the South-Korean Chamber of Trade was the last item in the agenda of Minister Granic's official visit to South Korea. (hina) rm jn 131623 MET dec 96

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