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CROATIAN ECONOMY MINISTER RECEIVES PHILIPPINE COUNTERPART

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ZAGREB, Jan 20 (Hina) - The Croatian Minister of the Economy, Davor Stern, received Philippine Economy and Development Minister Cielito Habit and his associates, in Zagreb on Monday.
ZAGREB, Jan 20 (Hina) - The Croatian Minister of the Economy, Davor Stern, received Philippine Economy and Development Minister Cielito Habit and his associates, in Zagreb on Monday. #L# The two ministers expressed mutual interest in increasing the economic cooperation between the two countries. According to Minister Habit, the Philippines was interested in the Croatian shipbuilding, electronic industry and pharmaceutical production. The Philippine minister has already visited a shipyard in Split, and is planning to visit the elecronic equipment manufacturer Koncar and Pliva pharmaceuticals on Tuesday. Following the meeting with Minister Stern, Minister Habit presented the opportunities of the Philippine economy to a gathering of some fifty Croatian businesspeople. Trade between Croatia and Philippines reached US$ 1.5 million in 1996 (December data not included) and is on the increase. Pliva, Koncar and Regeneracija account for most of Croatia's exports to the Philippines. (hina) as 201351 MET jan 97

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