CELEX: 51995PC0330
Language: en
Date: 1995-07-04
Title: Proposal for a COUNCIL REGULATION (EC) amending Regulation (EC) No 2472/94, suspending certain elements of the embargo on the Federal Republic of Yugoslavia (Serbia and Montenegro)

COMMISSION OF THE EUROPEAN COMMUNITIES
                                          Brussels, 04.07.1995
                                          COM(95) 330 final
                           Proposal for a
                 COUNCIL REGULATION (EC)
amending Regulation (EC) No 2472/94, suspending certain elements of the
 embargo on the Federal Republic of Yugoslavia (Serbia and Montenegro)
                  (presented by the Commission)
 ---pagebreak---  ---pagebreak---                            EXPLANATORY MEMORANDUM
The present proposal is made on the assumption that the Security Council might decide to
extend the suspension of certain elements of the embargo on the Federal Republic of
Yugoslavia (Serbia and Montenegro) after 5 July 1995 in the same manner as it did by
its Resolution 970 (1995).
By making the proposal, the Commission has no intention whatsoever to prejudge the
decision of the Security Council but it intends to enable the Council to adopt on time the
Regulation which will be needed for the implementation of the possible Security Council
decision. A timely adoption by the Council of the present proposal would avoid the need
for a retroactive application with its well known consequences.
If the Security Council would decide not to extend the said suspension, the proposal of
the Commission has to be considered withdrawn.
                                                A
 ---pagebreak---                        COUNCIL REGULATION (EC) No             /9S
                                      of          1995
       amending 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
Article 228a thereof,
Having regard to Council Decision 95/ /CFSP of                      1995 concerning the
common position defined on the basis of Article J.2 of the Treaty on European Union
and regarding the extension of the suspension of certain restrictions on trade with the
Federal Republic of Yugoslavia (Serbia and Montenegro) ( 1 ), 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 has decided that the restrictions and other
measures referred to in paragraph 1 of its Resolution 943 (1994) will be suspended for a
period of      days;
Whereas, under these conditions, the Community has to adapt its existing legislation
accordingly, and in particular Regulation (EC) No 2472/94 ( ),
HAS ADOPTED THIS REGULATION:
 (*)   Seepage   of this Official Journal
 (2)   OJ No L 266, 15.10.1994, p. 8
                                              z
 ---pagebreak---                                               2
                   «
                                          Article 1
The second sentence of Article 7 of Regulation (EC) No 2472/94 shall be replaced by the
following:
"This Regulation shall have effect until             1995."
                                          Article 2
This Regulation shall enter into force on the day of its publication in the OfficialJoumal
of the European Communities.
It shall apply from 5 July            1995.
This Regulation shall be binding in its entirety and directly applicable in all Member
States.
Done at Brussels,                        1995
 ---pagebreak---                                                                   ISSN 0254-1475
                                                            COM(95) 330 final
                                              DOCUMENTS
EN                                                                           11
                                     Catalogue number : CB-CO-95-361-EN-C
                                                             ISBN 92-77-91471-8
Office for Official Publications of the European Communities
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