The succession talks, led by the international mediator Sir Arthur Watts, have been frozen since May 1999. Sir Arthur has recently announced a rapid continuation of succession. The successors will also have to reach an agreement on the bookkeeping distribution of foreign exchange reserves and bank assets on the clearing accounts to the value of 2 billion clearing dollars, as well as on the former Yugoslav embassies. The successor countries have not yet reached an agreement on how to divide the assets and liabilities among themselves. Slovenia insists on the solution adopted by the International Monetary Fund in accordance with which Slovenia would get 16.39 percent, Croatia 28.4 percent, FRY 36.50 percent, BIH 36.50 percent and Macedonia 5.4 percent of liabilities.
Several successors object to the solution as it is said to favour more rich countries.
Macedonia and BIH propose the assets and liabilities be divided according to the GDP and population. Such solution would be less favourable for Slovenia as its share would be reduced by 5 percentage points.