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CROATIA AND HUNGARY DISCUSS TRADE IN FARM AND FOOD PRODUCTS

Autor: ;JN;
ZAGREB, June 27 (Hina) - Big disproportion in trade in foodstuffs and farm produce between Croatia and Hungary and possibilities of cutting down the trade deficit of Croatia were main topics of Croatian Premier Zlatko Matesa, Agriculture Minister Zlatko Dominikovic and his Hungarian counterpart Frigyes Nagy who is on a two-day visit to Croatia. Croatian Minister Dominikovic said that talks were "exceptionally useful" and that they had considered possibilities of reaching balance in trade in farm produce between the two countries. Croatia imported far more food from Hungary than it exported there, and the ratio is thirteen to one (13:1) in favour of Hungary, Dominikovic added. In addition, negotiations on reaching a treaty on free trade with Hungary and bilateral talks as part of Croatia's bid to the World Trade Organisation (WTO) should be considered in this light. Croatia justifiably feared that in case of significant liberalisation of trade between the two countries, on which they were conducting talks, Croatia might be soon inundated with Hungarian farm produce. Dominikovic added that they had also discussed concrete projects aimed at balancing the trade. The Hungarian Agriculture Minister said that his country was very interested in restoration of special forms of cooperation with the agricultural and food processing sector of Croatia. (hina) jn mš 272024 MET jun 97

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