The Czech Republic’s dependence on exports to EU member countries
increased last year, despite the government’s efforts to diversify, the
Minister of Industry and Trade, Jan Mládek, said on Thursday at a meeting
of Czech export leaders. Currently, some 84.4 percent of Czech exports go
to other EU countries, compared to 82 percent in 2014. According to Mr
Mládek, the Czech Republic has lost some traditional export destinations
such as Syria, Iraq and Libya and has not succeeded so far in replacing
them with new Arabic markets. Another problem he mentioned was the
diminishing export to Russia.