[Weekly Compilation of Presidential Documents Volume 30, Number 43 (Monday, October 31, 1994)]
[Pages 2155-2156]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Executive Order 12934--Blocking Property and Additional Measures With 
Respect to the Bosnian Serb-Controlled Areas of the Republic of Bosnia 
and Herzegovina

October 25, 1994

    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 942 of September 23, 1994, and in order to 
take additional steps with respect to the crisis in the former 
Yugoslavia, I hereby expand the scope of the national emergency declared 
in Executive Order No. 12808 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 control, including 
their refusal to accept the proposed territorial settlement of the 
conflict in the Republic of Bosnia and Herzegovina.
    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, all property and interests in property 
of: (a) the Bosnian Serb military and paramilitary forces and the 
authorities in those areas of the Republic of Bosnia and Herzegovina 
under the control of those forces;
    (b) any entity, including any commercial, industrial, or public 
utility undertaking, organized or located in those areas of the Republic 
of Bosnia and Herzegovina under the control of Bosnian Serb forces;
    (c) any entity, wherever organized or located, which is owned or 
controlled directly or indirectly by any person in, or resident in, 
those areas of the Republic of Bosnia and Herzegovina under the control 
of Bosnian Serb forces;
    (d) any person acting for or on behalf of any person included within 
the scope of paragraph (a), (b), or (c) of this section; 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 blocked.
    Sec. 2. 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) the provision or exportation of services to those areas of 
the Republic of Bosnia and Herzegovina under the control of Bosnian Serb 
forces, or to any person for the purpose of any business carried on in 
those areas, either from the United States or by a United States person, 
is prohibited; and
    (b) No vessel registered in the United States or owned or controlled 
by a United States person, other than a United States naval vessel, may 
enter the riverine ports of those areas of the Republic of Bosnia and 
Herzegovina under the control of Bosnian Serb forces.
    Sec. 3. Any transaction by any United States person that evades or 
avoids, or has the purpose of evading or avoiding, or attempts to 
violate, any of the prohibitions set forth in this order is prohibited.
    Sec. 4. 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 me by the International Emergency Economic Powers Act and the 
United Nations Participation Act of 1945, as amended, 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

[[Page 2156]]

order to other officers and agencies of the United States 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. 5. Nothing in this order shall apply to activities related to 
the United Nations Protection Force, the International Conference on the 
Former Yugoslavia, or the European Community Monitoring Missions.
    Sec. 6. For the purposes of this order:
    (a) The term ``person'' means an individual or entity;
    (b) The term ``entity'' means a corporation, partnership, 
association, or other organization;
    (c) The term ``United States person'' is as defined in section 5 of 
Executive Order No. 12810.
    Sec. 7. 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. 8. (a) This order shall take effect at 11:59 p.m. eastern 
daylight time on October 25, 1994.
    (b) This order shall be transmitted to the Congress and published in 
the Federal Register.
                                            William J. Clinton
The White House,
October 25, 1994.

[Filed with the Office of the Federal Register, 4:57 p.m., October 25, 
1994]

Note: This Executive order was published in the Federal Register on 
October 27.