Speaking after a session of the economic internationalisation council on Monday, Erjavec said Slovenia would open a diplomatic office in Central Asia, namely in Kazakhstan. It will be financed from the funds that were initially earmarked for Slovenia's participation in the Expo 2017 in the country.

Slovenia also plans to open diplomatic offices in the United Arab Emirates (UAE) to heed the calls of businesses and financial markets and in Iran, where the embassy is set to start working in October or November.

Erjavec moreover noted that the recent two-day international conference dubbed Africa Day pointed out the need for Slovenia's strengthened presence on African markets.

"We will open an embassy in Morocco from the succession assets of the former Yugoslavia," said the minister who expects the documents to be ready next year. He also pointed to Tanzania as another country where Slovenia could open a diplomatic office.

The two ministers highlighted the importance of economic internationalisation, with Počivalšek noting that the state must help businesses, especially exporters.

Počivalšek will also travel to UAE in September to sign a letter of intent for Slovenia's participation in the 2020 Expo in Dubai. According to him, Slovenia's presence at such events has proven advantageous.

Another subject broached at today's session was foreign investment in the country. "We are drafting a new bill for boosting investment activities here," Počivalšek noted.

He hopes stakeholders will put together a list of potential investors, as "the existing activities and companies in foreign ownership already generate an important part of GDP".

Počivalšek added that the ministry would like to encourage investment by granting corporate income tax exemption for five years after certain investments.