General Secretary of the Serbian Ministry of Foreign Affairs Vladimir Curguz told Tanjug Monday that an agreement had been reached about the first distribution of the former Yugoslavia's property between its successor states.

"The agreement is merely a stage of the whole process, which will lead to a full agreement," he stated.

The agreement was reached June 19 and each country got three properties, he noted, adding that the next round of talks was set for September.

According to Curguz, Serbia will turn over to Croatia the embassy in Vienna and two apartments in Trieste. Slovenia will get a residence in Rome and the general consulates in Klagenfurt and Milan, while Bosnia-Herzegovina will get a residence in

Budapest and a house in Washington. Macedonia will be given a building in Canberra and the consulate in Athens.

Serbia will get an embassy in Prague and residences in Washington and Ottawa.

The distribution is conducted based on quotas, with Serbia having the highest one, 39 percent, he explained.

As for the Vienna embassy, it should be turned over to Croatia by August 31. Croatia will then give its current embassy to

Bosnia-Herzegovina, since it used to be the residence of the Yugoslav ambassadors.

The Serbian embassy will move to a building where Vuk Stefanovic Karadzic, the famous reformer of the Serbian alphabet, used to live, Curguz remarked.

The property located in the countries that are members of the Organization for Economic Cooperation and Development should be distributed by mid-2012, he said, adding that the talks about the property in other parts of the world would follow.