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Memorandum on Drawdown of Commodities and Services from the Inventory and Resources of the Department of the Treasury To Support Sanctions Enforcement Efforts Against Serbia and Montenegro

August 08, 1994

Presidential Determination No. 94-42

Memorandum for the Secretary of State [and] the Secretary of the Treasury

Pursuant to the authority vested in me by section 552(c)(2) of the Foreign Assistance Act of 1961, as amended, 22 U.S.C. 2348a(c)(2) (the "Act"), I hereby determine that:

(1) as a result of an unforeseen emergency, the provisions of assistance under Chapter 6 of Part II of the Act in amounts in excess of funds otherwise available for such assistance is important to the national interests of the United States; and

(2) such unforeseen emergency requires the immediate provision of assistance under Chapter 6 of Part II of the Act.

I therefore direct the drawdown of commodities and services from the inventory and resources of the Department of the Treasury of an aggregate value not to exceed $ 1.1 million to support international sanctions enforcement efforts against Serbia and Montenegro, in addition to that which I directed in Presidential Determination 94-16 of March 16, 1994.

The Secretary of State is authorized and directed to report this determination to the Congress and to arrange for its publication in the Federal Register.


WILLIAM J. CLINTON

Editorial note: For the President's letter to the Senate on the arms embargo on Bosnia-Herzegovina, see issue 32 of the Weekly Compilation of Presidential Documents.

William J. Clinton, Memorandum on Drawdown of Commodities and Services from the Inventory and Resources of the Department of the Treasury To Support Sanctions Enforcement Efforts Against Serbia and Montenegro Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/327677

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