ExecutiveOrdersEO
Notice 12808NoticeClinton · D Quiet signal

Presidential Notice 12808

Continuation of Emergency With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro) and the Bosnian Serbs

President Clinton continued a national emergency originally declared by President Bush on May 30, 1992, regarding the Federal Republic of Yugoslavia (Serbia and Montenegro) and Bosnian Serbs. The notice extends the emergency beyond May 30, 1998, to maintain authority over remaining blocked assets and ensure compliance with UN Security Council Resolution 1022 and the Dayton Peace Agreement, even though most sanctions had been suspended or terminated by 1996.

Federal Register Open PDF 63 FR 29527

Impact dates

  1. Prior emergency authority would expire without continuation

Key directives

  • Continue national emergency with respect to Federal Republic of Yugoslavia (Serbia and Montenegro) and Bosnian Serb forces beyond May 30, 1998
  • Maintain blocking of property subject to claims and encumbrances
  • Publish notice in Federal Register
  • Transmit notice to Congress

Who is ordered

Timeline

Immediate

  • Continuation of national emergency authority takes effect upon notice date May 28, 1998

Near term (90d)

  • Ongoing case-by-case resolution of remaining blocked property status

Long term

  • Continued blocking of assets subject to claims and encumbrances until resolved under applicable law
  • Full implementation of Dayton Peace Agreement

Risks & tensions

  • Procedural continuation of long-dormant emergency; most sanctions already suspended/terminated by 1996
  • Tension between terminated UN sanctions and continued U.S. asset blocking requirements
  • Vague timeline for 'ultimate disposition' of blocked assets
Presidential Notice 12808: Continuation of Emergency With Respect to the Federal Republic of Yugoslavia (Serbia and Montenegro) and the Bosnian Serbs · Executive Orders