Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Heatwave
Char Dham Yatra
Gyanvapi Mosque
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / India News / Trade Agreement with Croatia
India

Trade Agreement with Croatia

Trade Agreement with Croatia
Written by Supriya
Aug 11, 2016, 07:17 pm 3 min read
Trade Agreement with Croatia

The Cabinet today gave the go-ahead for signing and ratifying of the 'Trade and Economic cooperation' agreement between India and Croatia. The formerly executed Trade and Economic cooperation agreement had expired in November, 2009. According to government officials, the yearly average growth in bilateral trade between the two countries was 17%.

About
Croatia

Croatia is located in Southeastern Europe and is bordered by six countries; Slovenia, Hungary, Serbia, Montenegro and Bosnia and Herzegovina. In the southwest direction of Croatia lies the Adriatic Sea: its coastline is the longest amongst all European countries. Zagreb is the capital city of Croatia and also its political center.

Origins
India - Croatia Relations

India recognised Croatia in May 1992 and diplomatic relations were established between the two countries in July of the same year. One of the foremost high level visits by the Croatian Foreign Minister and Deputy Prime Minister to India date back to April 1992 and April 1995 respectively. From the Indian side, in 1994, then Commerce Minister Pranab Mukherjee visited Croatia.

Key milestones
India - Croatia Bilateral trade

India shared friendly relations with Croatia when it was part of Yugoslavia; Croatia accounted for 2/3 of the bilateral trade between the two countries; India bought ships from Croatia in 1970s and 80s. The first Trade and Economic Cooperation agreement between India & Croatia was signed in 1994. According to government records, total trade between the two countries amounted to $205.04 million in 2014-15.

Details
India-Croatia Cultural Ties

In 2010, a 'Programme for Cooperation' in culture was signed by the two countries. Since then, Croatian students have learnt classical dance in Indian schools via scholarships and a Hindi Chair was established at the Indology Department in the University of Zagreb. A three-member Indian writers' delegation also visited Croatia in 2012 under this programme.

Details
India-Croatia Trade

Exports from India formed a chunk of the bilateral trade in the form of textiles (fabric and garments), leather and footwear, coffee, tobacco, carpets, crude minerals and antibiotics. Imports from Croatia included electrical machinery and equipment, turbines, pharmaceutical and heating and cooling equipment. As of 2013, the only Croatian investment in India was an R & D facility in the pharmaceutical sector in Goa.

Historical
Indians in Croatia

As per Government records, the Indian community in Croatia is very small. There were only 12 PIOs primarily engaged in business, 24 NRIs and some personnel from IT companies on short term deputation with the Croation Postal Bank.

Quote
Continuity of relationship

According to an official statement from the Government "Signing of the new agreement between India and Croatia would be a step in continuity as the existing agreement expired in November, 2009".

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Supriya
Supriya
Mail
#GrammarNazi #TravelerAtHeart
Latest
Pranab Mukherjee
Croatia
Related
Latest
IPL 2022, RR vs CSK: Preview, stats, and Fantasy XI
IPL 2022, RR vs CSK: Preview, stats, and Fantasy XI Sports
2023 Lexus RX SUV to be revealed on June 1
2023 Lexus RX SUV to be revealed on June 1 Auto
IPL 2022: Final to start at 8 PM IST
IPL 2022: Final to start at 8 PM IST Sports
Sensex slips by 1,416 points, Nifty settles below 15,850
Sensex slips by 1,416 points, Nifty settles below 15,850 Business
Sri Lanka hold Bangladesh in first Test: Records broken
Sri Lanka hold Bangladesh in first Test: Records broken Sports
Pranab Mukherjee
'Will uphold integrity, secularism': Ex-President's son Abhijit Mukherjee joins TMC
'Will uphold integrity, secularism': Ex-President's son Abhijit Mukherjee joins TMC Politics
President Kovind condemns R-Day violence in address to Parliament
President Kovind condemns R-Day violence in address to Parliament India
Haryana Deputy CM Dushyant Chautala tests positive for COVID-19
Haryana Deputy CM Dushyant Chautala tests positive for COVID-19 Politics
Vice President Venkaiah Naidu tests positive for COVID-19
Vice President Venkaiah Naidu tests positive for COVID-19 India
Former President Pranab Mukherjee cremated with full military honors
Former President Pranab Mukherjee cremated with full military honors India
More News
Croatia
Anand beats Kasparov, finishes second in Croatia Grand Chess Tour
Anand beats Kasparov, finishes second in Croatia Grand Chess Tour Sports
Croatia Grand Chess Tour: Anand held to draw in sixth-round
Croatia Grand Chess Tour: Anand held to draw in sixth-round Sports
Mixed fortunes for Anand in Croatia Grand Chess Tour event
Mixed fortunes for Anand in Croatia Grand Chess Tour event Sports
Saurabh Chaudhary clinches bronze at ISSF World Cup
Saurabh Chaudhary clinches bronze at ISSF World Cup Sports
Bhaker to write BA exams while shooting in European Championship
Bhaker to write BA exams while shooting in European Championship Sports
More News
Related
Euro 2020, Spain beat Croatia in eight-goal thriller: Records broken
Euro 2020, Spain beat Croatia in eight-goal thriller: Records broken Sports
UEFA Euro 2020, Czech Republic held by Croatia: Records broken
UEFA Euro 2020, Czech Republic held by Croatia: Records broken Sports
UEFA Euro 2020, England beat Croatia: Records broken
UEFA Euro 2020, England beat Croatia: Records broken Sports
Euro 2020: Decoding the squad of World Cup finalists Croatia
Euro 2020: Decoding the squad of World Cup finalists Croatia Sports
Next News Article
Next News Article

Love India news?

Subscribe to stay updated.

India Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022