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VISIT TO SOUTH KOREA CONFIRMS GOOD RELATIONS - GRANIC

SEOUL, 13 Dec (Hina) - At the end of his several-day visit to South Korea, Croatian Foreign Minister Mate Granic confirmed that political relations between the two countries were good and that both countries were interested in the further development of economic cooperation.
SEOUL, 13 Dec (Hina) - At the end of his several-day visit to South Korea, Croatian Foreign Minister Mate Granic confirmed that political relations between the two countries were good and that both countries were interested in the further development of economic cooperation. #L# 'We have agreed to sign three important agreements - on the protection and promotion of investment, the prevention of double taxation and the cancellation of visa requirements for diplomats and businesspeople', Granic said. The most important part was the interest of the largest South- Korean corporations - Samsung, Hyundai, Daewoo and LG - in concrete projects in Croatia, such as the construction of a container terminal in the Rijeka port, as well as the construction of telecommunication systems, procurement of concessions for the construction of motor ways and projects in tourism. 'It is clear that Croatia's stable political and economic situation was a precondition for their interest', said Granic, adding that after the visit one should expect a more frequent exchange of visits between Croatian and South-Korean businessmen. (hina) rm jn 131639 MET dec 96

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