[Federal Register Volume 71, Number 176 (Tuesday, September 12, 2006)]
[Notices]
[Page 53738]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-15072]


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DEPARTMENT OF STATE

[Public Notice 5543]


Determination on U.S. Position on Proposed European Bank for 
Reconstruction and Development (EBRD) Project in Bosnia and Herzegovina

    Pursuant to section 561 of the Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 2006 (Pub. L. 109-
102) (FOAA), and Department of State Delegation of Authority Number 
289, I hereby determine that the proposed 20 million Euro EBRD 
investment package, to provide financing to Raiffeisen Bank Bosnia and 
Herzegovina (RBBH) for expanded financing of small and medium-size 
enterprises (SMEs) and retail lending, will contribute to a stronger 
and more integrated economy in Bosnia and Herzegovina and directly 
support implementation of the Dayton Accords. I therefore waive the 
application of Section 561 of the FOAA to the extent that provision 
would otherwise prevent the U.S. Executive Directors of the EBRD from 
voting in favor of this project.
    This Determination shall be reported to the Congress and published 
in the Federal Register.

    Dated: August 31, 2006.
Daniel Fried,
Assistant Secretary of State for European and Eurasian Affairs, 
Department of State.
[FR Doc. E6-15072 Filed 9-11-06; 8:45 am]
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