[Federal Register Volume 71, Number 210 (Tuesday, October 31, 2006)]
[Notices]
[Page 63821]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-18305]


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DEPARTMENT OF STATE

[Public Notice 5598]


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

    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 project, a long-term 10 
million euro EBRD loan to [Scaron]tark, a.d., a leading Serbian 
confectionary company, to finance the company's modernization with the 
future goal of expanding its scope of operations in the region, will 
contribute to a stronger and more integrated economy in the Balkans and 
thus 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: October 12, 2006.
Daniel Fried,
Assistant Secretary of State for European and Eurasian Affairs, 
Department of State.
[FR Doc. E6-18305 Filed 10-30-06; 8:45 am]
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