The Cabinet today gave its nod for signing and ratification of an agreement between India and Croatia on economic cooperation.
"India and Croatia had earlier signed an agreement on trade and economic cooperation in September, 1994, with an aim to promote and develop bilateral trade and economic relations. Signing of the new agreement between India and Croatia would be a step in continuity as the existing agreement expired in November, 2009," an official statement said.
India's bilateral trade with Croatia during 2012-13, 2013-14 and 2014-15 was USD 152.01 million, USD 148.86 million and USD 205.04 million respectively.
The average bilateral trade growth was 17.44 per cent during the last three years, the statement added.
