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PRAGUE -- The Czech government has earmarked 450 million korunas (27 million D-marks) for stimulating activities of Czech companies in the renewal of Yugoslavia, and an additional 50 million korunas for humanitarian aid.
The funds will be approved as contribution to interest rates, securing exports and possibly also concrete projects, Czech Minister of Industry and Trade Miroslav Gregr said at a recent managers' forum in Prague, which was devoted to the participation of Czech firms in the reconstruction of the Balkans.
Various Czech government organs, such as the commission for coordination of departments, the chamber of commerce, and the businessmen's association, have registered about 600 firms or businessmen who are interested in taking part in these projects, most of which are concentrated in Yugoslavia and the Serbian province of Kosovo and Metohija.
At the recently closed 41st international exhibition of machine building and the electric industry in Brno, Gregr and Slovakian Minister of Economics Ludovit Cernak announced a common approach of their countries in Yugoslavia's reconstruction.
Yugoslav Ambassador to the Czech Republic Djoko Stojicic told Tanjug that there are already important economic arrangements between the two countries, such as work on constructing the thermo-electric power plant Kolubara B by the Czech firm Skoda-Plzen.
Stojicic said the former Czechoslovakia had been the fourth biggest foreign trade partner of the former Yugoslav federation. Czech technology is still very present in Yugoslavia's economy, he said.