ZAGREB, May 8 (Hina) - Croatia and Macedonia have equal views on the distribution of property of the former Yugoslavia, Croatian Finance Minister Bozo Prka and the Macedonian Vice-Premier Ljube Trpevski said In Zagreb on Thursday.
Both countries held that their part of the foreign exchange reserves, monetary gold and other federal property should be in accordance with the percentage as had been set by the Badinter Commission (a body of the London conference which acted as arbiter in legal issues concerning the dissolution of the former Yugoslav federation).
ZAGREB, May 8 (Hina) - Croatia and Macedonia have equal views on
the distribution of property of the former Yugoslavia, Croatian
Finance Minister Bozo Prka and the Macedonian Vice-Premier Ljube
Trpevski said In Zagreb on Thursday.
Both countries held that their part of the foreign exchange
reserves, monetary gold and other federal property should be in
accordance with the percentage as had been set by the Badinter
Commission (a body of the London conference which acted as arbiter
in legal issues concerning the dissolution of the former Yugoslav
federation). #L#
The rest of the foreign exchange reserves of the former
Yugoslavia amount to $ 1.400 billion. Some $ 670 million is to be
subtracted for the monetary gold of the former Yugoslav National
Bank, which has been deposited in Bazel.
Under the succession criteria set by the Badinter Commission,
Croatia has 28.5% of debts and property of the former Yugoslavia
and Macedonia 5.4%.
The criterion had been used in the distribution of property
and duties in the International Monetary Fund (IMF), the World Bank
and the European Bank for Reconstruction and Development (EBRD),
Prka said.
Trpevski said that the Succession Commission (consisting of
representatives of successor states and international mediators)
had not yet reached an agreement as regarded the key to the
distribution.
He stressed that Macedonia had the same views about the issue
as did Croatia, Slovenia and Bosnia-Herzegovina.
Yugoslavia is constantly disputing the succession principle
and insisting that it had exclusive right to the property of the
former Yugoslav federation.
The Badinter Commission based its decision on the distribution
of property on the fact that the republics in the former Yugoslavia
were liable to investments into the federal budget in a percentage
in which they had participated in the overall national production
revenues.
(hina) lm jn
091517 MET may 96