republics of Yugoslavia. Following the transfer of Yugoslav Army units, the state of FR Yugoslavia ceased to play an important military role in the Yugoslav Wars, barring conflicts on the border with Croatia, such as the Siege of Dubrovnik. It instead provided economic and political aid, to avoid provoking the international community further, and to preserve FR Yugoslavia as the republics of Serbia and Montenegro, rather than 'Greater Serbia.' In 1995, following Operation Storm, a military offensive by the Croatian Army, and NATO involvement in the Bosnian War, President Slobodan Milošević agreed to negotiate, as the Serbian position within Bosnia had become substantially worse. Under threat of economically crippling the Republika Srpska, he took over negotiating powers for all Serbian secessionist movements, as well as FR Yugoslavia. The ensuing Dayton Agreements, signed between representatives from the Federal Republic of Yugoslavia, the Republic of Bosnia and Herzegovina and the Republic of Croatia, resulted in each state being recognised as sovereign states. It also provided recognition for Serbian institutions and a rotating presidency within Bosnia and Herzegovina, and the Serbian populated areas of the former Socialist Republic of Bosnia were absorbed into Bosnia and Herzegovina. Thus the Yugoslav Wars ended, and Western sanctions on FR Yugoslavia were lifted. However, Slobodan Milošević would not achieve his dreams of admitting FR Yugoslavia to the United Nations as the successor state of SFR Yugoslavia, as an 'outer wall' of Western sanctions prohibited this. Economic collapse during Yugoslav Wars Following the adoption of economic sanctions by the international community against FR Yugoslavia, its economy experienced a collapse. Sanctions on fuel meant that fuel stations across the country ran out of petrol, and foreign assets were seized. The average income of inhabitants of FR Yugoslavia was halved from $3,000 to $1,500. An estimated 3 million Yugoslavs (Serbs and Montenegrins) lived below the poverty line, suicide rates increased by 22% and hospitals lacked basic equipment. Along with this, supply links were cut, which meant that the Yugoslav economy could not grow, and imports or exports needed for industries could not be obtained, forcing them to close. The crippled state of the Yugoslav economy also affected its ability to wage war, and after 1992, Yugoslavia had an extremely limited military role within the Yugoslav Wars, due to the JNA units being unable to operate without oil or munitions. On top of this, starting in 1992 and until 1994, the