In a world grappling with geopolitical tensions and slowing economic growth, Croatia is strategically positioning itself by strengthening its trade ties with major global players. Boris Vujcic, governor of the Croatian National Bank, emphasized that China and the European Union are Croatia's main trading partners during an insightful conversation with BizTalk's Guan Xin.
Vujcic pointed out that amidst accumulating financial risks, there's an urgent need to rebuild a diversified international financial system. Such a system would not only ensure global financial stability but also support sustained economic growth in the future.
\"Governments and financial institutions must come together to establish a consensus on the rules that will underpin this new order,\" Vujcic stated. He highlighted the importance of global cooperation in navigating the challenges of today's economic landscape.
As Croatia navigates these turbulent times, the country's focus on its key trading relationships with China and the EU could play a pivotal role in shaping its economic resilience and growth.
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Croatian National Bank governor: China & EU are main trading partners
cgtn.com