http://news.bbc.co.uk/2/hi/europe/2700243.stm
Too bad this didn't' happen 1990 or so...
Under the accord the two republics constituting the Union of Serbia and Montenegro - as the new arrangement will be known - will share a common foreign and defence policy, but otherwise lead independent lives.
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After a period of three years, the member-states have the right to seek full independence.
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People in Yugoslavia view the imminent end of their country with a mixture of nostalgia and inevitability, says our Belgrade correspondent.
Some are fed up with what they see as a deal imposed by the international community.
Others are asking practical questions, such as how will supporters cheer for a national basketball or football team, which is called rather clumsily Serbia and Montenegro.
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The Kingdom of Serbs, Croats and Slovenes created after the First World War became known as Yugoslavia in 1929.
After World War II, Yugoslavia became a federal socialist republic under Marshal Tito with six constituent republics - Croatia, Montenegro, Serbia, Slovenia, Bosnia-Herzegovina, and Macedonia.
The union disintegrated in the early 1990s as first Slovenia and then Croatia declared their independence - sparking a series of wars that saw Bosnia and Macedonia secede and the country reduced to a two-member federation consisting of Serbia and Montenegro.
Too bad this didn't' happen 1990 or so...