The Establishment of Trade Relations between the Socialist Republic of Montenegro and the Federal States of the Federal Republic of Germany: Hamburg, Baden-Württemberg and Bremen (1977-1983)

Abstract

This work analyses the economic cooperation between the Socialist Republic of Montenegro and the Federal Republic of Germany, that is to say its federal states. The Federal Republic of Germany was among the most significant economic partners of Yugoslavia, i.e. the Yugoslav Republics in the late 1970s. With regard to the value of trade, it was the second most important foreign trade partner of Montenegro at the time. Montenegro’s objective was to reduce the trade deficit through an increase in exports, to attract German investors and extend the cooperation to other regions. This objective required the establishment of direct political and economic relations. In the mid-70s the Yugoslav republics established direct relations with the German Federal Republics. Relations between the Executive Council (Government) of Montenegro and the governments of the states of Hamburg, Baden-Württemberg and Bremen were established in the late 70s and the early 80s.