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BIS says has no further role in resolving Croatia-Slovenia dispute

ZAGREB, Sept 6 (Hina) - The Bank for International Settlements from Basel says it has no further role to play in connection with the negotiations among the successor states to the former Yugoslavia regarding the issue of guarantees of hard currency savings deposits, BIS told Hina on Friday in response to Hina's enquiry concerning current press reports regarding its potential involvement in possible renewed negotiations.

"The position of the BIS in this regard has not changed. However, the BIS has recently confirmed that it would be in a position to provide meeting facilities to the parties in relation to further contemplated negotiations to be conducted directly between them," BIS said in its written response.

After their meeting on 3 September, Croatian Foreign Minister Vesna Pusic and her Slovenian counterpart Karl Erjavec made different statements as to how BIS had responded to the request from Zagreb and Ljubljana to be included in the solving of the issue of transferred savings. Pusic said the BIS had reiterated it could not help resolve the issue between the two countries.

Erjavec, however, refuted that, saying this was not how Slovenia understood the Basel bank's response.

The foreign ministers of Croatia and Slovenia and the two countries' financial experts will meet in October to continue handling the issue of the now-defunct Ljubljanska Banka's transferred savings.

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