CELEX: 51995PC0610(01)
Language: en
Date: 1995-11-28
Title: 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)

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)
 ---pagebreak---  ---pagebreak---                            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.
 ---pagebreak---                                                                                           \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,
 ---pagebreak--- 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 in particular Regulation                (EEC) 990/93( ] ), Regulation       (EC)
               2                                       3
No 2472/94( ) and Regulation (EC) No 2471/94( ),
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.
 ---pagebreak--- 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
 ---pagebreak---  ---pagebreak---                                                                     ISSN 0254-1475
                                                             COM(95) 610 final
                                              DOCUMENTS
EN                                                                             11
                                     Catalogue number : CB-CO-95-646-EN-C
                                                              ISBN 92-77-97028-6
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