[Federal Register Volume 71, Number 210 (Tuesday, October 31, 2006)]
[Notices]
[Pages 63820-63821]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-18303]


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DEPARTMENT OF STATE

[Public Notice 5599]


Determination on U.S. Position on Proposed European Bank for 
Reconstruction and Development (EBRD) Regional Project To Include 
Serbia and 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 regional project, an up to 
105 euro investment in Europolis 3, a regional commercial real estate 
equity investment program that will invest up to 25% of its capital 
into Serbia, Bosnia and Herzegovina, Bulgaria, Macedonia, and 
Montenegro, will contribute to a stronger and more integrated economy 
in the Balkans 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

[[Page 63821]]

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: September 15, 2006.
Daniel Fried,
Assistant Secretary of State for European and Eurasian Affairs, 
Department of State.
[FR Doc. E6-18303 Filed 10-30-06; 8:45 am]
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