COMMISSION OF THE EUROPEAN COMMUNITIES 
Brussels, 16.10.1996 
COM(96) 508 final 
Proposal for a 
COUNCIL REGULATION (EC) 
repealing Regulations (EEC) No 990/93 and (EC) No 2471/94 
concerning the interruption of economic and financial relations with 
the Federal Republic of Yugoslavia (Serbia and Montenegro), 
the United Nations Protected Areas in the Republic of Croatia 
and those areas of the Republic of Bosnia and Herzegovina 
under the control of Bosnian Serb forces 
Draft 
DECISION OF THE REPRESENTATIVES OF THE GOVERNMENTS OF THE 
MEMBER STATES OF THE EUROPEAN COAL AND STEEL COMMUNITY. 
MEETING WITHIN THE COUNCIL 
repealing Decision 93/23 5/ECSC concerning trade between 
the European Coal and Steel Community and the Federal Republic of Yugoslavia 
(Serbia and Montenegro) 
Draft 
COMMON POSITION 
defined by the Council on the basis of Article J.2 of the Treaty on European Union 
with regard to the termination of the economic and financial embargo 
concerning the former Yugoslavia 
(presented by the Commission) 

EXPLANATORY MEMORANDUM 
The Security Council of the United Nations has decided, in its Resolution 1022 (1995) 
paragraph 4, that it will terminate the embargo concerning the former Yugoslavia "on the 
tenth day following the occurrence of the first free and fair elections provided for in the 
Peace Agreement, provided that the Bosnian Serb forces have withdrawn from, and have 
continued to respect, the zones of separation as provided in the Peace Agreement." 
Elections have taken place on 14 September 1996, and the Security Council has taken the 
above mentioned decision. 
Accordingly, the existing Community legislation regarding the embargo of the former 
Yugoslavia has to be repealed. This is the objective of the accompanying proposals for an 
EC Council Regulation, an ECSC Decision and a Common Position. 
The present proposals will not affect, in conformity with paragraph 7 of Resolution 1022 
(1995), Council Regulation (EC) No 1733/94, dealing with the prohibition of satisfying 
certain claims resulting from the embargo. 
Proposal for a 
COUNCIL REGULATION (EC) 
repealing Regulations (EEC) No 990/93 and (EC) No 2471/94 concerning the 
interruption of economic and financial relations with the Federal Republic of Yugoslavia 
(Serbia and Montenegro), the United Nations Protected Areas in the Republic of Croatia 
and those areas of the Republic of Bosnia and Herzegovina under the control of Bosnian 
Serb forces 
THE COUNCIL OF THE EUROPEAN UNION, 
Having regard to the Treaty establishing the European Community, and in particular 
Articles 73g and 228a thereof, 
Having regard to the Common Position of 1996 defined by the Council on the basis of 
Article J.2 of the Treaty on European Union, with regard to the repeal of the embargo 
concerning the former Yugoslavia '); 
Having regard to the proposal of the Commission, 
Whereas the Security Council of the United Nations has decided, in conformity with 
paragraph 4 of its Resolution 1022 (1995), to terminate the measures imposed by its 
Resolutions 757 (1992), 787 (1992), 820 (1993), 942 (1994), 943 (1994), 988 (1995), 992 
(1995), 1003 (1995) and 1015 (1995); 
Whereas, in the circumstances, Council Regulation (EEC) No 990/93 2) and (EC) No 
2471/94 3) have to be repealed, 
HAS ADOPTED THIS REGULATION: 
(^OJNoL...., p... 
(2) OJ No L 102, 28.4.1993, suspended by Regulation (EC) No 462/96 (OJ L 65, 15.3.96, p.l) 
(3) OJ No L 266, 15.10.1994, p.l, suspended by Regulation (EC) No 462/96 (OJ L 65, 15.3.96, p.l) 
Z 
Article 1 
Regulations (EEC) No 990/93 and (EC) No 2471/94 are hereby repealed. 
Article 2 
All assets and funds previously impounded or frozen pursuant to Regulations (EEC) No 
990/93 and (EC) No 2471/94 may be released by Member States in accordance with the 
law, provided that any such assets that are subject to any claims, liens, judgments, or 
encumbrances, or which are the assets of any person, partnership, corporation, or other 
entity found or deemed to be insolvent under the law or the accounting principles 
prevailing in the relevant Member State, shall remain frozen or impounded until released 
in accordance with the applicable law. 
Article 3 
This Regulation shall enter into force on the day of its publication in the Official Journal 
of the European Communities. 
It shall apply from 4 October 1996 
This Regulation shall be binding in its entirety and directly applicable in all Member 
States. 
Done at Brussels, 1996 
For the Council 
The President 
Draft 
DECISION OF THE REPJNSSENTATliVES OF THE TOVERNMENTS OF THE 
MEMBER STATES OF THE EUROPEAN COAL AND STEEL COMMUNITY. 
MEETOKr WITHIN THE COUNCIL 
repealing Decision 93/235/ECSC concerning trade between the European Coal 
and Steel Community and the Federal Republic of Yugoslavia (Serbia and 
Montenegro) 
(96/.../ECSC) 
THE REPRESENTATIVES OF THE GOVERNMENTS OF THE MEMBER STATES 
OF THE EUROPEAN COAL AND STEEL COMMUNITY, MEETING WITfflN THE 
COUNCIL, 
Having regard to the Common Position of 1996 defined by the Council on the basis 
of Article J.2 of the Treaty on European Union, with regard to the repeal of the embargo 
concerning the former Yugoslavia l ); 
Whereas the Security Council of the United Nations has decided, in conformity with 
paragraph 4 of its Resolution 1022 (1995), to terminate the measures imposed by its 
Resolutions 757 (1992), 787 (1992), 820 (1993), 942 (1994), 943 (1994), 988 (1995), 
992 (1995), 1003 (1995) and 1015 (1995); 
Whereas, in the circumstances, Decision 93/235/ECSC has to be repealed; 
In agreement with the Commission, 
MOJL...., 1996, p.... 
HAVE DECIDED AS FOLLOWS: 
Article 1 
Decision 93/235/ECSC is hereby repealed. 
Article 2 
This Decision shall enter into force on the day of its publication in the Official Journal of 
the European Communities. 
It shall apply from 4 October 1996. 
Done at Brussels, 1996 
The President 
ç 
Draft 
COMMON POSITION 
defined by the Council on the basis of Article J.2 of the Treaty on European 
Union with regard to the termination of the economic and financial embargo concerning 
the former Yugoslavia 
(96/..../CFSP) 
THE COUNCIL OF THE EUROPEAN UNION, 
Having regard to the Treaty on European Union, and in particular Article J.2 thereof, 
Having regard to paragraph 4 of Resolution 1022 (1995) and paragraph 2 of Resolution 
1074 (1996) adopted by the United Nations Security Council, 
HAS DEFINED THE FOLLOWING COMMON POSITION: 
Article 1 
The relevant restrictive measures concerning the former Yugoslavia, taken in accordance 
with Resolutions 757 (1992), 787 (1992), 820 (1993), 942 (1994), 943 (1994), 988 
(1995), 992 (1995), 1003 (1995) and 1015 (1995) of the United Nations Security Council 
will be repealed. 
Article 2 
This Common Position shall be published in the Official Journal. 
Done at Brussels, 1996 
For the Council 
The President 

ISSN 0254-1475 
COM(96) 508 final 
DOCUMENTS 
EN 02 11 
Catalogue number : CB-CO-96-512-EN-C 
ISBN 92-78-10147-8 
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