Ukrainian - Croatian relations have reached a new level with signing a protocol on prospects for cooperation for 2006, Deputy Minister for Economics Andrey Bereznyi told a Tuesday press conference into results of the third session of the Ukrainian - Croatian Commission on Trade - Economic and Scientific - Technical Cooperation, which drew to a close in Kiev Tuesday, Cabinet's press office reported.
As Bereznyi told the journalists, the general trade turnover is expected to be increased to 100 M. USD versus 2004's 74 M. USD. According to the Deputy Economics Minister, this increase in trade turnover is possible due to realization of such promising projects as integration of pipelines "Druzhba" and "Adriya", which envisages piping oil to Croatia through Ukraine's territory.
As Bereznyi also noted, the agreements provide for construction of a modern cardiology-surgery clinics "Magdalena - Ukraine" (the Croatian company MEDINVEST), establishment of a joint-venture for growing young plants, apples, vine, strawberry in Ukraine's southern regions and an enterprise for manufacture of chemicals for testing milk and milk products' quality.

As Bereznyi stressed, the commission completed talks on Ukraine's accession to the World Trade Organization. Thus, it remained only to negotiate with the USA, Australia, Colombia, Panama and Kyrgyzstan on integration with the WTO, he added

Prerequisites for stable growth of trade - economic cooperation between Ukraine and Croatia have been caused by the political dialogue at the highest level, Andrey Bereznyi emphasized.

As Head of the Croatian delegation, State Secretary of the Croatian Economics Ministry Vladimir Vrankovic noted, key problems on the way to development of bilateral relations is lack of financial, insurance and banking services for the two countries' citizens and small scope of tourist and transport services. He stated his country's interestedness in involvement of Ukrainian investors to the Croatian economy.

Ukraine has invested some 100,000 USD in the Croatian economy. Presently, there is one enterprise with Ukrainian investments in Croatia, while Croatia has invested 1.215 M. USD in Ukraine with 22 Croatian capital companies here.

The Ukrainian balance of trade in goods and services with Croatia is positive and amounts to 36.2 M. USD.


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