Klaus says Czechs should rely less on Western European countries as export markets

08-12-2010

President Václav Klaus says Czech firms should rely less on Western European countries as a market for their exports and try to increase sales elsewhere. Speaking in Prague on Wednesday, Mr Klaus said it is fortunate that there is still demand for exports, which are important to a small open economy like that of the Czech Republic. Around 85 percent of Czech exports go to other EU states, which is above the average for the bloc of 67 percent.