(Photo: Patrik Macek/PIXSELL) (Photo: Patrik Macek/PIXSELL)

Addressing a press conference after the meeting, Minister Horvat described Germany as the Croatia's most important bilateral economic partner and said that in 2018 trade between the two countries reached nearly 5.5 billion euro.

Horvat said that Altmaier's visit came just ahead of a planned presentation of Germany's new industrial strategy program. For his part, Horvat said Croatia intended to outline its own national digital economy plan by the end of this year.

Horvat told the news conference that the Croatian side had informed the German delegation of "Croatia's readiness to create prerequisites for German investors who want to direct a segment of the automobile industry towards eastern or central Europe".

The Croatian minister added that Croatia boasted a skilled labour force, well-regulated business zones as well as an encouraging legislative framework that was ready to receive German investments.

Minister Altmaier said relations between the two countries had improved and that major strides in economic output were evident since Croatia's admission to the European Union, something the minister said Germany wanted to continue.

Source: HINA