Latest News from Croatia
Croatian Prime Minister Andrej Plenkovic on Friday welcomed Greece as the 17th member of the 16+1 Initiative of Central and Eastern European countries plus China at a summit of the initiative on trade held in Dubrovnik.
Chinese Premier Li Keqiang sought to allay concerns that it is violating European Union competition rules, pledging to respect standards and fair trade.
Prime Ministers of 16 Central and Eastern European countries and China met in Croatian city of Dubrovnik. At noon the Plenary Session of the Eighth Meeting began in 16 + 1 format. Bulgarian Prime Minister Boyko Borissov will sign an agreement on the opening of a Global Center for Cooperation with China in Bulgaria.
China's prime minister promised Friday that his government will respect European standards and fair trade, seeking to allay concerns that it is flouting European Union competition rules with huge investments on the continent.
Opening an annual summit between Eastern and Central European nations and China, Li Keqiang said "we intend to fully respect European standards."
Romania's Prime Minister Viorica Dancila on Friday participated in the opening of a business and trade forum in Dubrovnik, Croatia, on the side-lines of a summit of the heads of government of the Central and Eastern Europe - China 16 + 1 co-operation format, where a website of the 16+1 SME management co-ordination mechanism managed by Croatia was inaugurated.
Coal-powered plants, mobile networks, major bridges, roads and railways: Chinese investments have been booming throughout Central and Eastern Europe's cash-strapped developing countries, even as European Union officials scramble to counter Beijing's mounting economic and political influence on the continent.