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Press Release

India-Croatia relation to grow in trade, technology, talent, and tourism: Raj Kumar Srivastava, Ambassador of India to the Republic of Croatia

Apr 14, 2021

NEW DELHI, 14 April 2021: Mr Raj Kumar Srivastava, Ambassador of India to the Republic of Croatia on Tuesday said that even though Croatia is an EU country, it yet to be a Eurozone economy. This transition period of the next two to three years provides an opportunity for India to utilise Croatia as a gateway towards Europe.

Addressing the India-Croatia Business Forum organised by FICCI, Mr Srivastava, spoke about four Ts - trade, technology, talent, and tourism, as 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," he said.

Mr Srivastava mentioned that he was pleased to note that the initiative taken by FICCI could be the steppingstone for many more meaningful interactions in the future.

HE Mr Petar Ljubičić, Ambassador Extraordinary and Plenipotentiary of Croatia to India said, "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, Mr Ljubičić encouraged policies to strengthen connectivity by quoting various ways of communication with the help of webinars and online interactions.

Ms 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.

Mr Ivica Zigić President of the Indian-Croatian Business Council noted, "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."

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