Memorandum on Sanctions Against Serbia and Montenegro
Presidential Determination No. 94–16
Memorandum for the Secretary of State and the Secretary of the Treasury
Subject: 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
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 provision 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 $4.5 million to support international sanctions enforcement efforts against Serbia and Montenegro.
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
William J. Clinton, Memorandum on Sanctions Against Serbia and Montenegro Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/218240