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CIAO DATE: 07/04
Still Buying Time: Montenegro, Serbia and the European Union
May 7, 2002
Abstract
On 14 March 2002 the leaders of Serbia, Montenegro and the Federal Republic of Yugoslavia (FRY) signed an agreement in Belgrade to replace FRY with a new "state community": a "union of states" to be called "Serbia and Montenegro".
If the agreement can be implemented, it will establish a loose association in which the two "member-states" enjoy virtually all the prerogatives of independence except those that depend on international personality (e.g. UN membership). The republics will control their borders - including customs - and become fully responsible for their economies and internal security. The union will depend on the republics to fund its institutions: an assembly, president, council of ministers, court, and the armed forces.