Highlights of U.N.'s Balkan resolutions
November 22, 1995
Web posted at: 9:30 p.m. EST (0230 GMT)
UNITED NATIONS (CNN) -- The U.N. Security Council voted
Wednesday to suspend economic sanctions against the former
Yugoslavia and to gradually lift the arms embargo on the
present and former Yugoslav republics.
Highlights of the two resolutions adopted by the United
- The ban on weapons is lifted in phases on all former
Yugoslav republics after a peace agreement is formally signed
by Yugoslavia, Bosnia and Croatia in several weeks.
- In the first 90 days after the accord, all measures of the
embargo are still in effect.
- In the second 90 days, the embargo is lifted except for
the delivery of heavy weapons as defined in the peace
agreement (including combat aircraft, tanks, some artillery).
The ban on heavy arms remains until an arms control agreement
- After six months and a report from U.N. Secretary-General
Boutros Boutros-Ghali on the arms control agreement, the arms
embargo will be terminated unless the Security council
- All sanctions against the Federal Republic of Yugoslavia,
now comprising Serbia and Montenegro, are suspended
indefinitely with immediate effect. These include a stringent
trade embargo and the freezing of bank accounts, air and
- The sanctions can be re-imposed without a vote five days
after reports of serious violations of the agreement by
either Yugoslavia or the Bosnian Serbs.
- The sanctions remain for the Bosnian Serbs until after an
international force has arrived in Bosnia and the Serbs have
withdrawn their forces to buffer zones established in the
Dayton peace accord.
- The sanctions are suspended on Yugoslav funds frozen
abroad except for those subject to claims from individuals,
corporations or governments.
- All sanctions will be lifted 10 days after Bosnia's first
elections provided for in the peace agreement, and providing
that Bosnia Serb forces have respected the zones of
Reuters news service contributed to this report.
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