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Home Banking & Finance

Use Croatia as a gateway to Europe, says envoy

Fiinews by Fiinews
April 15, 2021
in Banking & Finance, Economy, Exports, Investment, Manufacturing
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Indian Embassy in Croatia.

Amb. Srivastava.

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Amb. Srivastava highlights Croatian maritime economy

There is an opportunity for India to utilise Croatia as a gateway to Europe over the next two-three years, Ambassador Raj Kumar Srivastava has told a business forum held 14 April 2021 by FICCI.

The envoy to the Republic of Croatia spoke about four Ts – trade, technology, talent, and tourism. These are potential areas of growth for India-Croatia bilateral ties in future.

“Croatia boasts of a very strong maritime economy and there is vast land available that is yet to be harnessed by the European economy. There are opportunities to be harnessed because of the New India and New Croatia narrative that is beginning to take shape,” said Amb. Srivastava.

Initiative taken by FICCI could be the steppingstone for many more meaningful interactions in the future with Croatia which is yet to be a Eurozone economy though it is a member country of the European Union.

Petar Ljubičić, Ambassador Extraordinary and Plenipotentiary of Croatia to India, added, “Our bilateral visits at the highest levels are becoming more frequent and that is the need of the hour.”

He drew attention to the shared diplomatic relations of 30 years between both the nations and spoke about the upcoming EU-India Summit and its negotiations on trade and investment agreement between EU and India.

In perspective to the current pandemic, Ljubičić encouraged policies to strengthen connectivity by quoting various ways of communication with the help of webinars and online interactions.

Ines Obradović, Director of International Affairs Sector, Croatian Chamber of Economy, highlighted the bilateral trade relations between the two regions.

“Croatia’s exports to India are significantly lower than our imports from India. There is certainly a room for improvement; we must focus on new India and new emerging opportunities,” she said.

Ivica Zigić, President of the Indian-Croatian Business Council, pointed out, “Croatia has, in recent times, accepted the green strategy and is developing a lot of opportunities for its partners all around the world. India as a part of the Commonwealth, its environment and economy, is welcomed in Croatia.” #exports #technology #markets #investment #technology /fiinews.com

Tags: FICCI
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