[Federal Register Volume 65, Number 103 (Friday, May 26, 2000)]
[Presidential Documents]
[Pages 34379-34380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-13540]



[[Page 34377]]

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Part X





The President





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Notice of May 25, 2000--Continuation of Emergency With Respect to the 
Federal Republic of Yugoslavia (Serbia and Montenegro), the Bosnian 
Serbs, and Kosovo
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  Federal Register / Vol. 65, No. 103 / Friday, May 26, 2000 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 34379]]

                Notice of May 25, 2000

                
Continuation of Emergency With Respect to the 
                Federal Republic of Yugoslavia (Serbia and Montenegro), 
                the Bosnian Serbs, and Kosovo

                In accordance with section 202(d) of the National 
                Emergencies Act (50 U.S.C. 1622(d)), I am continuing 
                for 1 year the national emergency declared on May 30, 
                1992, with respect to the Federal Republic of 
                Yugoslavia (Serbia and Montenegro), as expanded on 
                October 25, 1994, in response to the actions and 
                policies of the Bosnian Serbs. In addition, I am 
                continuing for 1 year the national emergency declared 
                on June 9, 1998, with respect to the Federal Republic 
                of Yugoslavia's policies and actions in Kosovo. This 
                notice shall be published in the Federal Register and 
                transmitted to the Congress.

                On May 30, 1992, by Executive Order 12808, President 
                Bush declared a national emergency to deal with the 
                unusual and extraordinary threat to the national 
                security, foreign policy, and economy of the United 
                States constituted by the actions and policies of the 
                Governments of Serbia and Montenegro, blocking all 
                property and interests in property of those 
                Governments. President Bush took additional measures to 
                prohibit trade and other transactions with the Federal 
                Republic of Yugoslavia (Serbia and Montenegro) by 
                Executive Orders 12810 and 12831, issued on June 5, 
                1992, and January 15, 1993, respectively, and on April 
                25, 1993, I issued Executive Order 12846 imposing 
                additional measures.

                On October 25, 1994, I expanded the scope of the 
                national emergency by issuing Executive Order 12934 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 controlled within Bosnia and 
                Herzegovina.

                On December 27, 1995, I issued Presidential 
                Determination 96-7, directing the Secretary of the 
                Treasury, inter alia, to suspend the application of 
                sanctions imposed on the Federal Republic of Yugoslavia 
                (Serbia and Montenegro) pursuant to the above-
                referenced Executive orders and to continue to block 
                property previously blocked until provision is made to 
                address claims or encumbrances, including the claims of 
                the other successor states of the former Yugoslavia. 
                This sanctions relief, in conformity with United 
                Nations Security Council Resolution 1022 of November 
                22, 1995 (hereinafter the ``Resolution''), was an 
                essential factor motivating Serbia and Montenegro's 
                acceptance of the General Framework Agreement for Peace 
                in Bosnia and Herzegovina initialed by the parties in 
                Dayton on November 21, 1995, and signed in Paris on 
                December 14, 1995 (hereinafter the ``Peace 
                Agreement''). The sanctions imposed on the Federal 
                Republic of Yugoslavia (Serbia and Montenegro) were 
                accordingly suspended prospectively, effective January 
                16, 1996. Sanctions imposed on the Bosnian Serb forces 
                and authorities and on the territory that they control 
                within Bosnia and Herzegovina were subsequently 
                suspended prospectively, effective May 10, 1996, also 
                in conformity with the Peace Agreement and the 
                Resolution. Sanctions against both the Federal Republic 
                of Yugoslavia (Serbia and Montenegro) and the Bosnian 
                Serbs were subsequently terminated by United Nations 
                Security Council Resolution 1074 of October 1, 1996. 
                This termination, however, did not end the requirement 
                of the Resolution that those blocked funds

[[Page 34380]]

                and assets that are subject to claims and encumbrances 
                remain blocked, until unblocked in accordance with 
                applicable law.

                Until the status of all remaining blocked property is 
                resolved, the Peace Agreement implemented, and the 
                terms of the Resolution met, the national emergency 
                declared on May 30, 1992, as expanded in scope on 
                October 25, 1994, must continue beyond May 30, 2000.

                On June 9, 1998, by Executive Order 13088, I found that 
                the actions and policies of the Federal Republic of 
                Yugoslavia (Serbia and Montenegro) and the Republic of 
                Serbia with respect to Kosovo, by promoting ethnic 
                conflict and human suffering, threatened to destabilize 
                countries in the region and to disrupt progress in 
                Bosnia and Herzegovina in implementing the Dayton peace 
                agreement, constituted an unusual and extraordinary 
                threat to the national security and foreign policy of 
                the United States. I therefore declared a national 
                emergency to deal with that threat. On April 30, 1999, 
                I issued Executive Order 13121 to take additional steps 
                with respect to the continuing human rights and 
                humanitarian crisis in Kosovo and the national 
                emergency declared with respect to Kosovo. Because the 
                crisis with respect to the situation in Kosovo has not 
                been resolved, I have determined that it is necessary 
                to maintain in force these emergency authorities beyond 
                June 9, 2000.

                    (Presidential Sig.)

                THE WHITE HOUSE,

                    May 25, 2000.

[FR Doc. 00-13540
Filed 5-25-00; 1:01 pm]
Billing code 3195-01-P