Lifting and Modifying Measures With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro)
Headline: Lifts and Modifies Sanctions on Yugoslavia (Serbia and Montenegro)
What it does: Agencies must block property and bar transactions involving persons listed in the Annex or designated under this order.
- Freezes or blocks property of listed individuals and entities.
- Prohibits U.S. persons from transacting with designated Yugoslav persons.
- Gives Treasury authority to remove names from the Annex.
Summary
This order changes prior sanctions on the Federal Republic of Yugoslavia (Serbia and Montenegro). It revises an earlier order to block property and to prohibit transactions involving people and entities listed in the order's Annex or otherwise designated for reasons such as indictment by the international tribunal or attempts to control political or economic institutions.
The Treasury Department, in consultation with the State Department, is authorized to identify covered persons and remove names from the Annex when appropriate, and all U.S. agencies are directed to enforce the order; it takes effect January 19, 2001.
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