Montenegro: independent and less dysfunctional

Montenegro has been independent only since May 2006, when a referendum dissolved the unloved and largely dysfunctional state union with neighbouring Serbia, the last remnant of the old Yugoslavia. But events have moved swiftly since then. A Stabilisation and Association Agreement (SAA) was signed in October 2007, and an interim trade agreement entered into force early this year, along with agreements on visa facilitation and readmission.