CROATIAN FOREIGN MINISTER RECEIVES "DAEWOOD GROUP" PRESIDENT

ZAGREB, Dec 30 (Hina) - Croatian Foreign Minister Mate Granic on Monday received the president of the South Korean corporation Daewood Group, W. C. Kim, the Foreign Ministry said in a statement. Granic informed the guest about the current political and economic situation in the country, with emphasis on the process of peaceful reintegration of the eastern Danube river region, the holding of local elections and the successful completion of the UNTAES mandate. In the coming period, Croatia would concentrate more on its economic development, Granic said, adding that there was firm political support for foreign investment in the country, in which South Korea occupied a prominent position. Recalling his recent visit to South Korea and talks with business people there, Granic said that Croatia and South Korea had great opportunities for a speedy and successful development of economic relations in mutual interest. Kim showed great interest in investing in the tourist and automobile industries, expressing a hope that Croatia would continue to successfully develop and restructure its economy. (hina) vm jn 301739 MET dec 96