Weekly Review of Slovene Economy from 28 July through 3 August

Ljubljana, 3 August - Following a year of preparations, the government adopted Thursday the Foreign Economic Relations Strategy, sending it to parliamentary procedures. The Strategy gives special emphasis on elements important for economic relations with foreign countries, business results at home, Slovenia's relations to the European Union and other European organizations. It also emphasizes Slovenia's joining the international trade both with Europe and non-European countries, since Slovenia makes two thirds of its foreign trade with the EU, 1-2 percent with EFTA member states and 5-7 percent with CEFTA members. Amounting to 75 percent with the EU, Slovene foreign exchange is therefore extremely low with non-European countries.