Description | Payments agreement considered, February 1940. Turner's assessment, 18 Mar 1940, folio 9. Negotiations with Yugoslavs, Mar - Apr 1940. No formal payments agreement, but a Mineral Account opened at the Bank for the National Bank of Yugoslavia, Apr 1940; to receive money paid by the United Kingdom (UK) for Yugoslav minerals; out-payments to be confined to the Sterling Area; a Special Account opened with similar conditions for other transactions. Government decision to seek a Payments Agreement with all countries with which they had important commercial relations, including Yugoslavia, conveyed to Yugoslavia, 8 Jun 1940 not followed by negotiations. |