Agreement on air traffic signed with Republic of Korea

Outgoing Minister of Maritime Affairs, Transport and Infrastructure Sinisa Hajdas Doncic and Korean Ambassador Hyung-won Suh on Wednesday signed an agreement on air traffic facilitating the establishment of a regular direct flight service between the two countries, the ministry has reported.

The agreement will enable the introduction of direct flights between the two countries, which will boost further growth in tourism arrivals. Over the past few years Korea has become Croatia's most dynamic tourist source market, with the most tourist arrivals from outside Europe, a press release says.

In the first ten months of this year, more than 300,000 Koreans visited Croatia and before the year's end that number could be more than 350,000.

Korean media and tourism web sites describe Croatia as a small central European country with cozy beaches and picturesque Mediterranean towns and affordable prices, the ministry reported.

"Today's agreement is the result of strong interest in further advancement of exceptional bilateral relations and economic growth between the Republic of Croatia and the Republic of Korea and sets an international legal framework in the area of civil aviation between the two countries and facilitates the establishment of transport connections and the movement of passengers and goods," the ministry's press release says.

Last update: Wed, 30/12/2015 - 19:46

More from Business

OPEC meets in Vienna to discuss possible freeze on production

Members of the Organization of Petroleum Exporting Countries (OPEC) met Friday in Vienna for talks about a possible...

HEP to supply electricity to Slovenian Railways

Croatia's national power provider Hrvatska Elektroprivreda (HEP) on Friday signed a EUR 26.5 million agreement with...

Djuro Djakovic Group cuts loss

Djuro Djakovic Group recorded a loss of HRK 10.4 million in the first nine months of 2016, cutting its loss by 74.4...

Ericsson Nikola Tesla sees sales revenues jump 17%

Telecommunications equipment manufacturer Ericsson Nikola Tesla generated sales revenues of HRK 1.3 billion in the...

Atlantic Grupa reports drop in sales revenues, increase in net profit

Atlantic Grupa earned HRK 3.78 billion in sales revenues in the first nine months of 2016, which was 4.9% less than...