The past year has seen a host of new political and economic developments for Croatia. A business-friendly government, a supportive banking sector, and a return to economic growth have all boosted the outlook for import and export trade. According to Nicolas Adamovich, President of the German-Croatian Chamber of Industry and Commerce, and Senior Representative at Commerzbank’s Zagreb office, such developments offer prospects on the horizon for both international exporters and Croatian companies.
Writing for leading export magazine, European Business, Adamovich notes that challenges remain to trade however – including low private-sector competitiveness, a bumpy integration into the European common market, and a fall in vital foreign direct investment (FDI) flows. He argues that, with these overcome, Croatia’s trade can reach its full capacity.
Please read the article online here.