There was good news for the Czech economy on Friday, when figures were
released showing that 2004 saw the lowest foreign trade deficit since
1993. Both imports and exports increased last year after the Czech
Republic joined the European Union, with exports rising particularly
sharply. The industry and trade minister, Milan Urban, said in terms of
euros per capita, the Czech Republic's foreign trade results exceeded
those of countries like Spain and Greece, and were on the same level as
the United Kingdom.