Page:Title 3 CFR 2000 Compilation.djvu/389

 Other Presidential Documents Notice of May 25, 2000 Continuation of Emergency With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro), the Bosnian Serbs, and Kosovo In accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency declared on May 30, \177992, with respect to the Federal Republic of Yugoslavia (Ser- bia and Montenegro), as expanded on October 25, \177994, in response to the actions and policies of the Bosnian Serbs. In addition, I am continuing for \177 year the national emergency declared on June 9, \177998, with respect to the Federal Republic of Yugoslavia's policies and actions in Kosovo. This notice shall be published in the Federal Register and transmitted to the Congress. On May 30, 1992, by Executive Order \1772808, President Bush declared a na- tional emergency to deal with the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States con- stituted by the actions and policies of the Governments of Serbia and Mon- tenegro, blocking all property and interests in property of those Govern- ments. President Bush took additional measures to prohibit trade and other transactions with the Federal Republic of Yugoslavia (Serbia and Monte- negro) by Executive Orders \17728\1770 and \177283% issued on June 5, \177992, and January \1775, \177993, respectively, and on April 25, \177993, I issued Executive Order 12846 imposing additional measures. On October 25, \177994, I expanded the scope of the national emergency by issuing Executive Order \1772934 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 controlled within Bosnia and Herzegovina. On December 27, \177995, I issued Presidential Determination 96-7, directing the Secretary of the Treasury, inter alia, to suspend the application of sanc- tions imposed on the Federal Republic of Yugoslavia (Serbia and Monte- negro) pursuant to the above-referenced Executive orders and to continue to block property previously blocked until provision is made to address claims or encumbrances, including the claims of the other successor states of the former Yugoslavia. This sanctions relief, in conformity with United Nations Security Council Resolution \177022 of November 22, 1995 (herein- after the "Resolution"), was an essential factor motivating Serbia and Montenegro's acceptance of the General Framework Agreement for Peace in Bosnia and Herzegovina initialed by the parties in Dayton on November 2% \177995, and signed in Paris on December \1774, \177995 (hereinafter the "Peace Agreement"). The sanctions imposed on the Federal Republic of Yugoslavia (Serbia and Montenegro) were accordingly suspended prospectively, effec- tive January 16, \177996. Sanctions imposed on the Bosnian Serb forces and authorities and on the territory that they control within Bosnia and Herzegovina were subsequently suspended prospectively, effective May \1770, \177996, also in conformity with the Peace Agreement and the Resolution. Sanctions against both the Federal Republic of Yugoslavia (Serbia and Montenegro) and the Bosnian Serbs were subsequently terminated by 389

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