Blocking Property and Additional Measures With Respect to the Bosnian Serb-Controlled Areas of the Republic of Bosnia and Herzegovina

1994-10-27Executive Order 12934
Signed by: William J. Clinton
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Headline: Blocks Property and Restricts Services to Bosnian Serb Areas

What it does: Federal agencies must block property tied to Bosnian Serb-controlled areas and prohibit services and U.S. vessels from those areas.

Real World Impact:
  • Blocks assets of Bosnian Serb authorities and businesses within U.S. jurisdiction.
  • Prohibits U.S. persons and companies from providing services to those areas.
  • Bans U.S.-registered or U.S.-controlled vessels from entering riverine ports.
Topics: economic sanctions, foreign policy, trade restrictions, national security

Summary

This executive order expands a national emergency to impose economic measures on areas of Bosnia and Herzegovina controlled by Bosnian Serb forces. It blocks all property and interests in the United States tied to those forces, and bans providing services to or using U.S. vessels in their river ports.

It affects individuals, businesses, and U.S. persons doing business with those areas and empowers the Treasury to issue rules, suspend licenses, and enforce the prohibitions.

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