| Economy Minister Andrej Vizjak concluded his visit to China |
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| Friday,August 22,2008 Posted: 17:17 BJT(0917 GMT) |
| From:www.investsloveina.org Article type:Translated |
Andrej Vizjak,Economy Minister of Slovenia,concluded his visit to China. During his stay in Beijing,Slovenian business delegation,discussed with Commerce Minister Chen Deming about the potential for trade between Slovenia and China and future investment possibilities.
"Last year bilateral trade increased by 40% compared to 2006, while this year it will exceed US $1bn," Vizjak said, adding that the talks also touched on potential relations in tourism, logistics and automobile industry. The talks included the new WHO trade agreement. Slovenia and China both support free trade and respect of intellectual property. "On the other hand, we want an agreement which does not privilege farm products, but is balanced with the non-farm portion of the accord and with service," Vizjak said. The ministers stressed that the upcoming new trade agreement between the EU and China would be an important step forward. Vizjak also expressed his satisfaction that the Slovenian Port of Koper and Tinajin, China's fourth biggest port, agreed today to sign an memorandum of understanding. China presented to Vizjak its energy development and reform plans, which he commended for its measures to increase energy efficiency. The Slovenian Public Agency for Entrepreneurship and Foreign Investment (JAPTI) signed on Friday a cooperation agreement with foreign investment office in Shanghai ahead of a business conference attended by Chinese and Slovenian businessmen based in Shanghai.
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