Yugoslavia - offer

edited by: Milica Brkic

Federal government Vice president Zoran Lilic and Libyan president Muammar al-Gaddafi, reached and agreement in Tripoli about the import of 500.000 tons of oil for Yugoslav needs. Yugoslav businessmen offered to Libya goods with the total value amounting to thousand million dollars.

General managers of EWEC from Essen, Miroslav Vukovic and Himimport from Sofia, Bleov, through their own consortium, announced purchase of chemical products of Pertohemia from Pancevo, Zorka from Sabac and Hipol from Odzaci, and their marketing in EU.

Federal government concluded that retail prices are stabilizing and that the market is sufficiently supplied with farm produce and foodstuffs.

In September, Yugoslav companies worked in conditions characterized by deficiency of credits, increased enterprise risk, high inflationary expectations, concludes Supply-demand barometer of economic institute.

In nine months, deficit of metal industry amounts to 363 million dollars, compared to last year’s 220 million dollars. Both imports and exports dropped in this sector.

Economic policy objective for next year remains the stable dinar rate, price increase prevention, increase in production and exports and improvement of living conditions, announced Serbian government vice president Dragan Tomic.

After a short suspension, planes of 12 foreign airline companies land and take off from Belgrade Airport. Since October 25, Yugoslav Airlines has a regular flight for Minsk, capital of Belarus. Planes fly every Thursday through Kiev.

A newly built center for development and geological research of oil, gas and geothermal energy, NIS-Naftagas has been opened in Novi Sad.