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SECRET DECLASSIFIED E. O. 11652, Sec. (E) and 5(D) or (E) Dept. of State He NARS Date 12.2.75 By NLT- , CHART 3. By the end of 1947 Yugoslavia had annual trade agreements with all the Soviet bloc countries. In addition, it had long-term (usually 5 years) trade or investment agree- ments with the USSR, Czechoslovakia, Poland, Hungary, and Albania. In 1948, the trade agreements with the Soviet bloc countries were renewed with 1 greater values stipulated for many commodities. But in 1949, there were sizable reductions in the amounts involved under the trade agree- ment renewals, and by mid-year, trade with the bloc practically ceased. Yugoslavia in 1948 a) renewed previous agree- ments with the West and b) increased the values stipulated, and c) concluded its first agreements with Austria, the UK, and the Western Zones of Germany. As preliminaries or adjuncts to its agree- ments with the Western countries, Yugoslavia also made settlements for nationalization claims of certain of these countries. Yugoslavia has also increased the number of long-term agreements made with the West. SECRET

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Page context
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    "ocrText": "SECRET\nDECLASSIFIED\nE. O. 11652, Sec. (E) and 5(D) or\n(E)\nDept. of State\nHe\nNARS Date\n12.2.75\nBy NLT-\n,\nCHART 3.\nBy the end of 1947 Yugoslavia had annual\ntrade agreements with all the Soviet bloc\ncountries. In addition, it had long-term\n(usually 5 years) trade or investment agree-\nments with the USSR, Czechoslovakia, Poland,\nHungary, and Albania.\nIn 1948, the trade agreements with the\nSoviet bloc countries were renewed with\n1\ngreater values stipulated for many commodities.\nBut in 1949, there were sizable reductions in\nthe amounts involved under the trade agree-\nment renewals, and by mid-year, trade with the\nbloc practically ceased.\nYugoslavia in 1948 a) renewed previous agree-\nments with the West and\nb) increased the values\nstipulated, and\nc) concluded its first\nagreements with Austria,\nthe UK, and the Western\nZones of Germany.\nAs preliminaries or adjuncts to its agree-\nments with the Western countries, Yugoslavia\nalso made settlements for nationalization\nclaims of certain of these countries.\nYugoslavia has also increased the number\nof long-term agreements made with the West.\nSECRET"
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