[Federal Register Volume 59, Number 95 (Wednesday, May 18, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12292]


[[Page Unknown]]

[Federal Register: May 18, 1994]


=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 580
 

Haitian Transactions Regulations; Expiration or Revocation of 
Assembly Sector Licenses
AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Policy Statement.

-----------------------------------------------------------------------

SUMMARY: The Office of Foreign Assets Control will not renew the 
assembly sector licenses issued pursuant to the Haitian Transactions 
Regulations upon their expiration on May 31, 1994. In the event the 
trade prohibitions of United Nations Security Council Resolution 917 
(``UNSCR 917'') take effect as scheduled at 11:59 p.m. Eastern Daylight 
Time (``EDT'') on May 21, 1994, those licenses will terminate at that 
time consistent with United States implementation of the requirements 
of the resolution. Persons wishing to return to the United States 
machinery, equipment, or raw materials previously exported to Haiti for 
use in producing goods for export to the United States may do so 
without specific licensing by the Office of Foreign Assets Control, 
provided that exportation from Haiti occurs before 11:59 p.m. EDT on 
May 21, 1994.

EFFECTIVE DATE: May 16, 1994.

FOR FURTHER INFORMATION CONTACT: Steven I. Pinter, Chief of Licensing 
(tel.: 202/622-2480), or William B. Hoffman, Chief Counsel (tel.: 202/
622-2410), Office of Foreign Assets Control, Department of the 
Treasury, Washington, D.C. 20220.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document is available as an electronic file on The Federal 
Bulletin Board the day of publication in the Federal Register. By modem 
dial 202/512-1387 or call 202/512-1530 for disks or paper copies. This 
file is available in Postscript, WordPerfect 5.1 and ASCII.

Background

    Licenses issued pursuant to Sec. 580.515 of the Haitian 
Transactions Regulations, 31 CFR part 580 (the ``Regulations''), 
authorize transactions in connection with both the exportation to Haiti 
of specified parts and materials, and the importation into the United 
States of specified articles assembled in Haiti containing materials or 
parts exported from the United States. By a policy statement published 
on April 1, 1994, the expiration date of those licenses was extended to 
May 31, 1994 (59 FR 15342). The Office of Foreign Assets Control has 
determined that it will not renew these licenses beyond that date.
    In addition, the authorizations contained in existing assembly 
sector licenses will terminate prior to their May 31, 1994 expiration 
if U.S. implementation of UNSCR 917 so requires. This resolution, 
adopted May 6, 1994, imposes a full trade embargo by UN member states 
against Haiti at 11:59 p.m. on May 21, 1994, unless the Haitian regime 
and military take actions to comply with the requirements of the 
Governors Island Accord as specified in UNSCR 917.
    Accordingly, under the authority of 50 U.S.C. 1701 through 1706; 
E.O. 12775, 3 CFR, 1991 Comp., p. 349; and E.O. 12779, 3 CFR, 1991 
Comp., p. 367, the Office of Foreign Assets Control gives notice that:
    1. The expiration date for all licenses issued pursuant to 
Sec. 580.515 of the Regulations and in effect as of [insert date of 
filing] is May 31, 1994.
    2. Such licenses will terminate, effective 11:59 p.m. May 21, 1994, 
if required by U.S. implementation of UNSCR 917.
    3. Persons wishing to return to the United States machinery, 
equipment or raw materials previously exported to Haiti for use in 
producing goods for export to the United States are authorized to do so 
without specific licensing by the Office of Foreign Assets Control. 
However, the exportation from Haiti of such machinery, equipment, or 
raw materials must occur before the May 21 implementation of UNSCR 917.

    Dated: May 13, 1994.
Steven I. Pinter,
Acting Director, Office of Foreign Assets Control.
    Approved: May 13, 1994.
R. Richard Newcomb,
Acting Deputy Assistant Secretary (Law Enforcement).
[FR Doc. 94-12292 Filed 5-16-94; 3:40 pm]
BILLING CODE 4810-25-F