Monday, 4 April 2022

U.S. Market Represents Big Opportunity for Croatian Economy, Panel Hears

4 April 2022 - The U.S. market represents a big opportunity for the Croatian economy and the areas in which cooperation can increase include IT, tourism, and energy, it was said on Monday at a panel on trade, business and investment ties between the two countries.

The panel was held as part of the U.S.-Croatia Forum, organised by the U.S. Embassy on the occasion of 30 years of diplomatic relations between the United States and Croatia.

Croatia must find niches, five to ten products in which it can compete globally, and they can be sought in tourism and IT, said Mihael Furjan, CEO of the Pliva pharmaceutical company and president of the Croatian Employers Association.

Given the LNG terminal, there is also energy, he added, noting that Pliva is Croatia's biggest exporter to the U.S. and that HS Produkt is a major gun exporter.

The U.S. and Croatian governments must find areas in which we can cooperate. We must focus more, be creative, he said, adding that Croatia should learn from the U.S. where it is most successful, in innovation and business education.

U.S. business schools are among the best in the world and U.S. companies are the most innovative globally, Furjan said. 

Double taxation avoidance and visa-free travel

AmCham executive director Andrea Doko Jelušić said that Croatia, although a small country, had things to offer to the U.S. market. It's necessary to focus on high-added-value industries in which one can be competitive, not selling oneself cheaply but expensively, she added.

Many U.S. companies doing business in Croatia do so via a European centre, the Netherlands or Ireland for example, as a result of which official statistics don't show the real extent of their presence on the Croatian market, she said.

The Croatian and U.S. ministries of finance are still negotiating a double taxation avoidance agreement, whose adoption will make it much easier for small Croatian companies to enter the U.S. market, she said and underlined the importance of visa-free travel as of last October.

Končar exporting much more to US

Končar CEO Gordan Kolak said the company was exporting to the U.S. recently much more than before and that the U.S. was its main market for transformers.

He said increased investment in renewables would create new needs for electricity equipment and solutions for solar and hydroelectric power plants as well as wind parks. Emphasis will also be on digitalisation and grid modernisation as well as on more efficient energy management as consumers also become producers, he added.

Končar will invest much more in software development and smart grid management solutions, Kolak said.

Importance of U.S. investors in Infobip

Infobip is a global IT and communication company providing cloud mobile communication services for business clients. It also cooperates with WhatsApp, Snapchat, Google, and Microsoft.

It is the first Croatian company whose value exceeds $1 billion and in the last 18 months it has made four acquisitions on the U.S. market. Some U.S. investment funds have invested in it.

Infobip CEO Silvio Kutić underlined the importance of US investors. Speaking of enhancing U.S.-Croatia business cooperation, he underlined the importance of education and the need for an investment protection system.

Education for labour market

Coca-Cola HBC Adria general manager Ruža Tomić Fontana, too, underlined the importance of education, saying the education system must adapt to market needs in order to create a workforce with the necessary skills.

It's also necessary to enhance the communication between the public and private sectors on the business environment and to ensure the stability and predictability of doing business, said said, pointing to the problem of a too-high tax burden.

Anita Cvetić Oreščanin, Board member at Poslovna inteligencija, said Croatian companies should learn from U.S. companies and that everyone who had the opportunity should visit to get acquainted with the U.S. market.

Wednesday, 30 March 2022

US Embassy in Croatia Announces ''The U.S.-Croatia Forum'' on April 4th-5th

March 30, 2022 - To mark the 30th anniversary of diplomatic relations between the US and Croatia, the US Embassy in Croatia has announced ''The U.S.-Croatia Forum'' on the 4th and 5th of April. It will include panel discussions on topics such as investment, security, technology, climate change, women's leadership, and more.

Today, the US Embassy in Croatia shared a statement on its official website and social media accounts to announce "The U.S.-Croatia Forum" to mark 30 years of diplomatic relations between the two countries. The statement read as follows:

The US Embassy in Croatia is pleased to announce the U.S.-Croatia Forum, organized on the occasion of the 30th anniversary of US-Croatian diplomatic ties, in cooperation with the University of Zagreb Faculty of Economics and Business, AmCham Croatia, and the Croatian Office for Creativity and Innovation. The two-day U.S.-Croatia Forum will take place at the Hilton Garden Inn in Zagreb, Radnička cesta 21, on April 4th and 5th, 2022.

The U.S.-Croatia partnership continues to deliver for both the American and Croatian people. Our bilateral relationship is built upon shared values, shared interests, and exceptional people-to-people ties. The U.S.-Croatia Forum will include panel sessions covering topics of shared interest, such as the U.S.-Croatia business and innovation ecosystem, U.S.-Croatia leadership in addressing climate change, critical infrastructure and investment, cybersecurity and IT, European energy diversity, and regional energy security, scientific and technological collaboration, women’s leadership, as well as defense and security ties. This unique program will bring together the U.S. and Croatian government officials, defense and security specialists, business leaders, innovation-space influencers, and rising startup stars to advocate U.S.-Croatia policy partnership and private sector engagement, facilitate dialogue, and strengthen U.S.-Croatia economic, security and people-to-people ties.

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Snažniji Zajedno, a new digital platform launched by the US Embassy in Croatia. (Screenshot)

In connection with the 30th anniversary of U.S.-Croatia ties, the US Embassy in Croatia further launched SNAŽNIJI ZAJEDNO (''STRONGER TOGETHER''), a new digital platform sharing with Croatians various initiatives, projects, and partnership examples supported by the United States that have helped contribute to Croatia’s success and the strength of U.S.-Croatia ties. In addition to the collection of 30 projects featured on the website, Croatian citizens can share their own stories of the U.S.-Croatia partnership and the impact of past efforts continuing today in their local communities.

Learn more about the US-Croatia Forum HERE.

You can find and download the full program for the two-day event HERE.

For more news about Croatia, click here.

Monday, 8 November 2021

Fully Vaccinated Croats Can Travel to the United States Starting Today

November 08, 2021 - From today, fully vaccinated Croats will be able to travel to the United States again. They'll need to present their vaccination status and a pre-departure negative viral test from a sample taken within three days of travel to the United States before boarding.

As announced by the U.S. Embassy in Croatia, starting on November 8, foreign national air travelers to the United States will be required to be fully vaccinated and to provide proof of vaccination status prior to boarding an airplane to fly to the United States, with only limited exceptions. The Biden Administration announced a new international air travel policy that is stringent, consistent across the globe, and guided by public health.

The CDC has determined that for the purposes of entry into the United States, vaccines accepted will include those FDA approved or authorized, as well as vaccines with an emergency use listing (EUL) from the World Health Organization (WHO). See the CDC's website for more details. Fully vaccinated air travelers will continue to be required to show documentation of a pre-departure negative viral test from a sample taken within three days of travel to the United States before boarding. That includes all travelers – U.S. citizens, lawful permanent residents (LPRs), and foreign nationals.

To further strengthen protections, unvaccinated travelers – whether U.S. citizens, LPRs, or the small number of excepted unvaccinated foreign nationals – will now need to show documentation of a negative viral test from a sample taken within one day of travel to the United States.

In addition to submitting all the documentation mentioned above, fully vaccinated Croats will need to fill out an ESTA application before traveling, which can be found here. In addition to the recent inclusion of Croatia in the VISA program and the increases in flights between the two countries, traveling to the United States has fewer barriers than before.

For more information regarding traveling to the U.S., check the FAQs on the Bureau of Consular Affairs website.

For more on flights to Croatia and other travel announcements, make sure to check out our dedicated travel section.

Saturday, 23 October 2021

PM on Visa Cancellation: Strategic Goal Achieved to the Benefit of Croatian Citizens

ZAGREB, 23 Oct, 2021 - Prime Minister Andrej Plenković and Minister of the Interior Davor Božinović have welcomed the fact that Croatians can travel to the United States without visas as of Saturday, 23 October.

"As of today, Croatians can travel to the USA without visas!" Plenković said in a Twitter post.

"We have met the necessary criteria and achieved a strategic goal to the benefit of Croatian citizens," Plenković said.

"We are opening a new chapter in our relations, strengthening our partnership and creating preconditions for closer economic cooperation and investments," the PM said.

As of 23 October Croatians can travel to the United States for business or tourism purposes without visas, after obtaining approval via the online Electronic System for Travel Authorization, or ESTA, the US Embassy in Zagreb said.

Croatia has entered the Visa Waiver Programme, a comprehensive security partnership between the United States and participating countries that enables travel to the USA for business or tourism purposes in the duration of up to 90 days, with national security being protected in the process.

For a country to enter the VWP, it must meet criteria regarding the fight against terrorism, law enforcement, immigration, document security and border management, and the percentage of rejected visa applications must be below 3%, which Croatia met only recently.

Application via ESTA is possible any time before travel but the US Homeland Security Department recommends that travellers apply as soon as possible, and 72 hours before travel at the latest, the US Embassy says.

Božinović: Visa cancellation major acknowledgement for Croatia

The cancellation of visa requirements for Croatians travelling to the USA is a major acknowledgement for Croatia, Minister of the Interior Davor Božinović said on Saturday after talks with the Chargé d’Affaires at the US Embassy, Mark Fleming.

Božinović thanked the US Embassy for playing an important role in "moments that were very important" for Croatia, such as its accession to the EU and NATO.

He recalled "the hard work on the cancellation of visa requirements over the past few years", including the connecting of data bases, cooperation with the Homeland Security Department and with agencies in charge of fighting terrorism and organised crime, etc.

This is a very good day for US-Croatian relations, Fleming said.

We want more Croatians in the United States, he added.

For more about Croatia, CLICK HERE.

Saturday, 23 October 2021

Croatians Can Travel to USA for Business, Tourism Without Visas as of Today

ZAGREB, 23 Oct 2021 - As of Saturday, 23 October Croatians can travel to the United States for business or tourism purposes without visas, after obtaining approval via the online Electronic System for Travel Authorization, or ESTA, the US Embassy in Zagreb said.

In a statement to the media, Chargé d’Affaires at the US Embassy, Mark Fleming, expressed satisfaction that Croatians now have the opportunity to travel to the USA without visas.

Croatia has entered the Visa Waiver Programme, a comprehensive security partnership between the United States and participating countries that enable travel to the USA for business or tourism purposes in the duration of up to 90 days, with national security being protected in the process.

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''To America without Visa, Croatia is in the Visa Waiver Program: Find out more: esta.cbp.dhs.gov'' (U.S. Embassy in Zagreb)

This was a long process but it was worthwhile and we congratulate the Croatian government on successfully meeting the strict conditions of entry into the Visa Waiver Programme, Fleming said, expressing satisfaction that this would deepen the ties between the United State and Croatia.

For a country to enter the VWP, it must meet criteria regarding the fight against terrorism, law enforcement, immigration, document security, and border management, and the percentage of rejected visa applications must be below 3%, which Croatia met only recently.

Application via ESTA is possible any time before travel but the US Homeland Security Department recommends that travelers apply as soon as possible, and 72 hours before travel at the latest, the US Embassy says.

Passengers from VWP countries and Croatians qualify as of today, do not have to present a specific travel itinerary before applying via ESTA.

Application via ESTA is generally valid for two years.

Passengers with valid B1/B2 visas should continue using their visas when traveling to the USA, the embassy notes.

 For more on travel in Croatia, follow TCN's dedicated page.

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