violations SARAJEVO, Aug 8 (KUNA) -- Bosnian Foreign Minister Sven Alkalaj expressed anger on Friday regarding Serbian government violation of a regional
agreement and the succession of property rights.
Alkalaj told KUNA Bosnia and Herzegovina own a large number of assets and properties on the Serbian soil, noting that his country owns sensitive and huge real estate properties dateing back to the years of former Yugoslavia.
He stressed that the new law adopted by Serbian government on June 19 is legally worthless as it is superseded by international legal documents, such as the one on the succession of property from the former Yugoslavia.
Bosnian Foreign Ministry has already sent a diplomatic note to the Serbian government, demanding it to stop selling Bosnian property, Alkalaj added.
Recently, Bosnian firms have called on Sarajevo authorities and the international community to stop Belgrade selling their property - worth some EURO two billion - in Serbia.
Representatives of some of the biggest Bosnian companies met in Sarajevo to draw public attention to Serbia's violation of a regional agreement on the succession of property rights.
It took years for Bosnia, Croatia, Macedonia, Slovenia, Serbia and Montenegro to agree on the division of property of the former Yugoslavia, as well as on the mechanisms and procedures that would enable companies and organizations from one country, to get hold of their property in other countries.
Yet the previous Serbian government changed the law on succession property from the former Yugoslavia on June 19, which enabled Serbia's Privatization Agency to start selling out property from the first 15 Bosnian companies at an auction on July 25.
According to Bosnian businessmen, more than 150 Bosnian companies have their sister firms, or other property in Serbia.
Bosnian businessmen also stressed that all Serbian companies have already taken hold of their property in Bosnia and Herzegovina.(end) aa.mb KUNA 081740 Aug 08NNNN
Alkalaj told KUNA Bosnia and Herzegovina own a large number of assets and properties on the Serbian soil, noting that his country owns sensitive and huge real estate properties dateing back to the years of former Yugoslavia.
He stressed that the new law adopted by Serbian government on June 19 is legally worthless as it is superseded by international legal documents, such as the one on the succession of property from the former Yugoslavia.
Bosnian Foreign Ministry has already sent a diplomatic note to the Serbian government, demanding it to stop selling Bosnian property, Alkalaj added.
Recently, Bosnian firms have called on Sarajevo authorities and the international community to stop Belgrade selling their property - worth some EURO two billion - in Serbia.
Representatives of some of the biggest Bosnian companies met in Sarajevo to draw public attention to Serbia's violation of a regional agreement on the succession of property rights.
It took years for Bosnia, Croatia, Macedonia, Slovenia, Serbia and Montenegro to agree on the division of property of the former Yugoslavia, as well as on the mechanisms and procedures that would enable companies and organizations from one country, to get hold of their property in other countries.
Yet the previous Serbian government changed the law on succession property from the former Yugoslavia on June 19, which enabled Serbia's Privatization Agency to start selling out property from the first 15 Bosnian companies at an auction on July 25.
According to Bosnian businessmen, more than 150 Bosnian companies have their sister firms, or other property in Serbia.
Bosnian businessmen also stressed that all Serbian companies have already taken hold of their property in Bosnia and Herzegovina.(end) aa.mb KUNA 081740 Aug 08NNNN
