YUGOSLAVIA: Business With Moscow

For the first time since their dramatic divorce in 1948, Russia and Marshal Tito’s Communist Yugoslavia agreed last week to resume doing business. In Belgrade the two governments signed a short-term agreement, bartering Russian crude oil, manganese, cotton and newsprint for Yugoslavian ethyl alcohol, tobacco, meat and hemp. Tito had also hoped to get some wheat for Yugoslavia, but the Russians, who have been having serious trouble with grain production (TIME. June 14), confessed that they had none to spare.