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Weekly review of Slovene Economy from 1 through 6 January

Ljubljana, 6 January - On 1 January Slovenia became a full member to the Central European Free Trade Agreement (CEFTA). The membership gives the country a stronger economic and political position among the Central European countries, joining it to the group of four most successful countries in transition to market economy (i.e. Hungary, Slovakia, Poland and the Czech Republic). The agreement on full membership was signed on 25 November 1995 by all four CEFTA Ministers of Foreign Economic Relations and the Slovene Minister of Economic Relations and Development Janko Deželak. The Visegrad countries established the Central European Free Trade Agreement in 1992, with Slovenia being the first country to join the original CEFTA member states.

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