Article originally posted at https://glashrvatske.hrt.hr/en/news/economy/acap-signs-cooperation-agreement-with-croatian-exporters/
by Nikola Badovinac
The Association of Croatian American Professionals (ACAP) signed a cooperation agreement on Monday with the Croatian Exporters Association in order to find active solutions to administrative barriers and improve economic relations between Croatia and the United States.
The visa regime and the lack of an agreement on dual taxation is preventing more intense cooperation between Croatia and the USA, concluded the two associations this afternoon.
Darinko Bago, the president of the Croatian Exporters Association, said that despite excellent political relations between Croatia and the USA, there was enormous untapped potential for economic cooperation.
Bago added that Monday’s agreement would provide exporters with yet another partner to lobby for the problems of double taxation and visas to be resolved as soon as possible.
ACAP’s vice president and head of the organization’s task force working on avoiding dual taxation, Tomislav Krmek, said that Croatia was the only EU member state that still did not have such an agreement.
ACAP president Don Markušić said that the association had identified several possibilities for further economic cooperation between Croatian and American professionals businesses.
“Currently, we are focused on health and wellness tourism, which we feel has enormous potential, as well as for biotechnology and energy. The activities of the ACAP are geared towards eliminating the barriers that limit the quick and efficient exchange of people and business,” said Markušić.
The ACAP was founded in 2014 and currently has more than one thousand members and fifteen branches throughout the USA and one in Zagreb.
Source: HRT