RESTRICTED
WORLD TRADE WT/ACC/HRV/7/Corr.11
13May 1996
ORGANIZATION(96-1857)
Original: English
ACCESSION OFCROATIA
Additional Questions andReplies
totheMemorandum ontheForeign Trade Régime
(L/7466)
Corrigendum
Page 2,paragraph 2,should read:
"Fullliberalizationinconcludingcompensationtransactionsmaybeexpectedwhenthedomestic
market andoverall Croatian economy have been stabilised andconsolidated, aswellaswhen thesame
occurs inthecountries with which Croatia most frequently enters intocompensation deals, i.e.the
countriescreatedfollowingthedisintegrationoftheformerYugoslavia(Bosnia-Herzegovina,theFormer
Yugoslav Republic ofMacedonia, Slovenia). Under thecurrent conditions ofastable andconvertible
domestic currency, theprocedure forapproving compensation transactions with foreign countries has
been considerably simplified, i.e.consists ofreporting back such deals totheMEA. This means that
companies arefreetoconclude compensation dealcontracts, thatis,tomake decisions onthemethods
oftrade with foreign countries".
1English Only