Proposal for a COUNCIL REGULATION (EC) suspending Regulation (EEC) No 990/93 concerning trade between the European Economic Community and the Federal Republic of Yugoslavia (Serbia and Montenegro) and Regulation (EC) N° 2471/94 introducing a further discontinuation of the economic and financial relations between the European Community and the areas of Bosnia-Herzegovina under the control of the Bosnian Serb forces and repealing Regulation (EC) No 2472/94 suspending certain elements of the embargo on the Federal Republic of Yugoslavia (Serbia and Montenegro)
Date: 1995-11-28
Institutions: European Commission
Subjects: Bosnia and Herzegovina, Montenegro, Serbia, carriage of goods, liberalisation of trade, trade restriction

* * * ** 

COMMISSION OF THE EUROPEAN  COMMUNITIES 

Brussels,  28.11.1995 
COM(95) 610  final 

Proposal  for  a 
COUNCIL  REGULATION  (EC) 
suspending  Regulation  (EEC)  No 990/93  concerning  trade between 
the European  Economic Community  and the Federal  Republic  of  Yugoslavia 
(Serbia  and Montenegro)  and Regulation  (EC)  No 2471/94 introducing  a  further 
discontinuation  of the economic and financial  relations between  the European  Community 
and the areas of Bosnia-Herzegovina  under the control  of the Bosnian  Serb  forces 
and repealing Regulation  (EC) No 2472/94  suspending  certain  elements of 
the embargo  on 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 suspension  of certain  restrictions concerning  economic  and  financial 
relations  with the Federal  Republic  of  Yugoslavia  (Serbia  and  Montenegro)  and the areas 
of Bosnia-Herzegovina  under the control  of the Bosnian  Serb  forces 

(presented  by the Commission) 

EXPLANATORY MEMORANDUM 

The Security Council has decided to suspend almost all restrictions concerning economic 
and financial  relations with the Federal Republic of Yugoslavia (Serbia and  Montenegro) 
and the areas of Bosnia-Herzegovina under the control of the Bosnian Serb forces. 

The  present  proposals  aim  to  bring  the  relevant  Community  legislation  in  accordance 
with this decision of Ihe Security Council. 

\ws 

COUNCIL  REGULATION 

of 

1995 

Suspending  Regulation (EEC) No 990/93 concerning trade between the European 

Economic Community and the Federal Republic of Yugoslavia (Serbia and  Montenegro) 

and Regulation (EC) No 2471/94 introducing a further discontinuation of the economic 

and financial  relations between the European Community  and the areas of  Bosnia-

Herzegovina under the control of the Bosnian Serb forces and repealing Regulation  (EC) 

No 2472/94 suspending certain elements of the embargo on the Federal Republic of 

Yugoslavia (Serbia and Montenegro) 

THE COUNCIL OF THE EUROPEAN UNION, 

Having  regard  to  the  Treaty  establishing  the  European  Community,  and  in  particular 

Articles 228a and 73g  thereof, 

Having  regard  to  the  Common  Position  of 

1995  defined  by  the  Council  on  the 

basis of  Article J.2 of the Treaty on European Union with regard to the suspension  of the 

restrictions  concerning  economic  and  financial  relations  with  the  Federal  Republic  of 

Yugoslavia  (Serbia  and  Montenegro)  and  the  areas  of  Bosnia-Herzegovina  under  the 

control  of  the  Bosnian  Serb  forces,  as  decided  upon  by  the  United  Nations  Security 

Council  in its Resolution  .... (1995), 

Having regard to the proposal from the Commission, 

Whereas the United Nations Security Council, in view  of agreements reached between the 

parties  concerned  with regard to the Republic  of  Bosnia-Herzegovina,  has decided,  in its 

Resolution 

(1995)  to  suspend  certain  restrictions  concerning  economic  and  financial 

relations with the Federal Republic of Yugoslavia (Serbia and Montenegro)  and the areas 

of Bosnia-Herzegovina under the control of the Bosnian Serb forces, 

Whereas,  under  these  conditions,  the  Community  must  adapt  its  existing  legislation 

accordingly,  and 
No 2472/94(2) and Regulation (EC) No 2471/94(3), 

in  particular  Regulation 

(EEC)  990/93(]),  Regulation 

(EC) 

HAS ADOPTED THIS REGULATION: 

Article  1 

a)  Regulation  (EEC)  No  990/93  and  Regulation  (EC)  No  2471/94  are  hereby 

suspended; 

b)  Regulation (EC) No 2472/94 is hereby repealed. 

Article  2 

This Regulation  shall  enter into force on the day of  its publication  in the Official  Journal 

of the European Communities. 

It  shall  apply  from 

1995  with  regard  to  the  suspension  of  Regulation  (EEC) 

No 990/93, and from 

1995 with regard to the suspension of Regulation  (EC) 2471/94. 

This  Regulation  shall  be  binding  in  its  entirety  and  directly  applicable  in  all  Member 

States. 

Done at Brussels, 

For the Council 

The President 

1 OJ No L 102, 28.4.1993, p.14. 
2  OJ No L  266,  15.10.1994, p.8. Regulation  as last  amended by Regulation  (EC) No  2229/95  (OJ  No L 

227, 22.9.1995, p. 1). 
3  OJ No L 266, 15.10.1994, p.l. 

draft 

COMMON  POSITION 

of 

1995 

defined  by  the Council  on  (he basis of  Article .1.2 of  (he Treaty  on  European  I Inion will) 

regard  to the suspension  of certain  restrictions concerning  economic  and  financial 

relations  with  the  Federal  Republic of  Yugoslavia  (Serbia  and  Montenegro)  and  the  areas 

of Bosnia-Herzegovina  under the control  of the  Bosnian  Serb  forces 

95/.../CSFP) 

THE COUNCIL  OF THE EUROPEAN  UNION, 

Having regard to the Treaty  on European  Union, and in particular  Article J.2 thereof, 

Having  regard  to  Resolution  ...(1995)  adopted  by the  United  Nations  Security  Council  on 

...  November  1995, 

HAS DEFINED THE FOLLOWING  COMMON  POSITION: 

Article  I 

The restrictions concerning economic  and financial  relations  with  the  Federal  Republic  of 

Yugoslavia  (Serbia  and  Montenegro)  and  the  areas  of  Bosnia-Herzegovina  under  the 

control  of  the  Bosnian  Serb  forces  will  be  suspended  in  accordance  with  the  relevant 

provisions  of  Resolution  ...  (1995)  adopted  by  the  United  Nations  Security  Council  on  .. 

November  1995. 

Article  2 

This decision  shall  be published  in the Official  Journal. 

Done at Brussels  ...  1995 

For  the  Council 

The  President 

ISSN  0254-1475 

COM(95) 610 final 

DOCUMENTS 

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11 

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ISBN 92-77-97028-6 

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