[Federal Register Volume 59, Number 207 (Thursday, October 27, 1994)]
[Presidential Documents]
[Pages 54117-54118]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26834]


[[Page Unknown]]

[Federal Register: October 27, 1994]




                        Presidential Documents 



                Executive Order 12934 of October 25, 1994

 

Blocking Property and Additional Measures With 
                Respect to the Bosnian Serb-Controlled Areas of the 
                Republic of Bosnia and Herzegovina

                By the authority vested in me as President by the 
                Constitution and the laws of the United States of 
                America, including the International Emergency Economic 
                Powers Act (50 U.S.C. 1701 et seq.), the National 
                Emergencies Act (50 U.S.C. 1601 et seq.), section 5 of 
                the United Nations Participation Act of 1945, as 
                amended (22 U.S.C. 287c), and section 301 of title 3, 
                United States Code, in view of United Nations Security 
                Council Resolution 942 of September 23, 1994, and in 
                order to take additional steps with respect to the 
                crisis in the former Yugoslavia, I hereby expand the 
                scope of the national emergency declared in Executive 
                Order No. 12808 to address the unusual and 
                extraordinary threat to the national security, foreign 
                policy, and economy of the United States posed by the 
                actions and policies of the Bosnian Serb forces and the 
                authorities in the territory that they control, 
                including their refusal to accept the proposed 
                territorial settlement of the conflict in the Republic 
                of Bosnia and Herzegovina.

                I, WILLIAM J. CLINTON, President of the United States 
                of America, hereby order:

                Section 1. Notwithstanding the existence of any rights 
                or obligations conferred or imposed by any 
                international agreement or any contract entered into or 
                any license or permit granted before the effective date 
                of this order, except to the extent provided in 
                regulations, orders, directives, or licenses, which may 
                hereafter be issued pursuant to this order, all 
                property and interests in property of: (a) the Bosnian 
                Serb military and paramilitary forces and the 
                authorities in those areas of the Republic of Bosnia 
                and Herzegovina under the control of those forces;

                    (b) any entity, including any commercial, 
                industrial, or public utility undertaking, organized or 
                located in those areas of the Republic of Bosnia and 
                Herzegovina under the control of Bosnian Serb forces;
                    (c) any entity, wherever organized or located, 
                which is owned or controlled directly or indirectly by 
                any person in, or resident in, those areas of the 
                Republic of Bosnia and Herzegovina under the control of 
                Bosnian Serb forces;
                    (d) any person acting for or on behalf of any 
                person included within the scope of paragraph (a), (b), 
                or (c) of this section; that are in the United States, 
                that hereafter come within the United States, or that 
                are or hereafter come within the possession or control 
                of United States persons, including their overseas 
                branches, are blocked.

                Sec. 2. Notwithstanding the existence of any rights or 
                obligations conferred or imposed by any international 
                agreement or any contract entered into or any license 
                or permit granted before the effective date of this 
                order, except to the extent provided in regulations, 
                orders, directives, or licenses, which may hereafter be 
                issued pursuant to this order: (a) the provision or 
                exportation of services to those areas of the Republic 
                of Bosnia and Herzegovina under the control of Bosnian 
                Serb forces, or to any person for the purpose of any 
                business carried on in those areas, either from the 
                United States or by a United States person, is 
                prohibited; and

                    (b) no vessel registered in the United States or 
                owned or controlled by a United States person, other 
                than a United States naval vessel, may enter the 
                riverine ports of those areas of the Republic of Bosnia 
                and Herzegovina under the control of Bosnian Serb 
                forces.

                Sec. 3. Any transaction by any United States person 
                that evades or avoids, or has the purpose of evading or 
                avoiding, or attempts to violate, any of the 
                prohibitions set forth in this order is prohibited.

                Sec. 4. The Secretary of the Treasury, in consultation 
                with the Secretary of State, is hereby authorized to 
                take such actions, including the promulgation of rules 
                and regulations, and to employ all powers granted to me 
                by the International Emergency Economic Powers Act and 
                the United Nations Participation Act of 1945, as 
                amended, as may be necessary to carry out the purposes 
                of this order. The Secretary of the Treasury may 
                redelegate the authority set forth in this order to 
                other officers and agencies of the United States 
                Government, all agencies of which are hereby directed 
                to take all appropriate measures within their authority 
                to carry out the provisions of this order, including 
                suspension or termination of licenses or other 
                authorizations in effect as of the date of this order.

                Sec. 5. Nothing in this order shall apply to activities 
                related to the United Nations Protection Force, the 
                International Conference on the Former Yugoslavia, or 
                the European Community Monitoring Missions.

                Sec. 6. For the purposes of this order:

                    (a) The term ``person'' means an individual or 
                entity;
                    (b) The term ``entity'' means a corporation, 
                partnership, association, or other organization;
                    (c) The term ``United States person'' is as defined 
                in section 5 of Executive Order No. 12810.

                Sec. 7. Nothing contained in this order shall create 
                any right or benefit, substantive or procedural, 
                enforceable by any party against the United States, its 
                agencies or instrumentalities, its officers or 
                employees, or any other person.

                Sec. 8 (a) This order shall take effect at 11:59 p.m. 
                eastern daylight time on October 25, 1994.

                    (b) This order shall be transmitted to the Congress 
                and published in the Federal Register.

                    (Presidential Sig.)>


                THE WHITE HOUSE,

                    October 25, 1994.

[FR Doc. 94-26834
Filed 10-25-94; 4:57 pm]
Billing code 3195-01-P