[Weekly Compilation of Presidential Documents Volume 29, Number 17 (Monday, May 3, 1993)]
[Pages 685-687]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Executive Order 12846--Additional Measures With Respect to the Federal 
Republic of Yugoslavia (Serbia and Montenegro)

 April 25, 1993

    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 No. 757 of May 30, 1992, No. 787 of November 
16, 1992, and No. 820 of April 17, 1993, and in order to take additional 
steps with respect to the actions and

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policies of the Federal Republic of Yugoslavia (Serbia and Montenegro) 
and the national emergency described and declared in Executive Order No. 
12808 and expanded in Executive Order No. 12810 and No. 12831,
    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:
    (a) All property and interests in property of all commercial, 
industrial, or public utility undertakings or entities organized or 
located in the Federal Republic of Yugoslavia (Serbia and Montenegro), 
including, without limitation, the property and interests in property of 
entities (wherever organized or located) owned or controlled by such 
undertakings or entities, 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 hereby blocked;
    (b) All expenses incident to the blocking and maintenance of 
property blocked under Executive Order Nos. 12808, 12810, 12831 or this 
order shall be charged to the owners or operators of such property, 
which expenses shall not be met from blocked funds. Such property may 
also be sold or liquidated and the proceeds placed in a blocked 
interest-bearing account in the name of the owner;
    (c) All vessels, freight vehicles, rolling stock, aircraft and cargo 
that are within or hereafter come within the United States and are not 
subject to blocking under Executive Order Nos. 12808, 12810, 12831 or 
this order, but which are suspected of a violation of United Nations 
Security Council Resolution Nos. 713, 757, 787 or 820, shall be detained 
pending investigation and, upon a determination by the Secretary of the 
Treasury that they have been in violation of any of these resolutions, 
shall be blocked. Such blocked conveyances and cargo may also be sold or 
liquidated and the proceeds placed in a blocked interest-bearing account 
in the name of the owner;
    (d) No vessel registered in the United States or owned or controlled 
by United States persons, other than a United States naval vessel, may 
enter the territorial waters of the Federal Republic of Yugoslavia 
(Serbia and Montenegro); and
    (e) Any dealing by a United States person relating to the 
importation from, exportation to, or transshipment through the United 
Nations Protected Areas in the Republic of Croatia and those areas of 
the Republic of Bosnia-Hercegovina under the control of Bosnian Serb 
forces, or activity of any kind that promotes or is intended to promote 
such dealing, is prohibited.
    Sec. 2. 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 the President by the International Emergency Economic Powers 
Act and the United Nations Participation Act 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 Federal 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. 3. Nothing in this order shall apply to activities related to 
the United Nations Protection Force, the International Conference on the 
Former Yugoslavia, and the European Community Monitor Mission.
    Sec. 4. The definitions contained in section 5 of Executive Order 
No. 12810 apply to the terms used in this order.
    Sec. 5. 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. 6. This order shall not affect the provisions of licenses and 
authorizations issued pursuant to Executive Order Nos. 12808,

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12810, 12831 and in force on the effective date of this order, except as 
such licenses or authorization may hereafter be terminated, modified or 
suspended by the issuing federal agency.
    Sec. 7. (a) This order shall take effect at 12:01 a.m. Eastern 
Daylight Time, April 26, 1993.
    (b) This order shall be transmitted to the Congress and published in 
the Federal Register.
                                            William J. Clinton
The White House,
April 25, 1993.

[Filed with the Office of the Federal Register, 9:55 a.m., April 26, 
1993]

Note: This Executive order was released by the Office of the Press 
Secretary on April 26, and it was published in the Federal Register on 
April 27.