Foreign policy and sanctions

Executive Order 12934: Blocking Property and Additional Measures With Respect to the Bosnian Serb-Controlled Areas of the Republic of Bosnia and Herzegovina

President: Bill Clinton

Blocked Bosnian Serb-controlled property and prohibited trade and services with controlled areas; the program was later terminated.

Status: Revoked — by EO 13304 on May 28, 2003.

Is Executive Order 12934 still in effect? No. EO 13304 revoked it in 2003.

What does Executive Order 12934 do?

EO 12934 expanded the former Yugoslavia emergency to property and transactions connected with Bosnian Serb-controlled areas. Treasury administered the restrictions with State. EO 13304 revoked the order and terminated the related emergencies in May 2003, preserving earlier liabilities and certain claims-related blocking. Treasury later removed the former Yugoslavia sanctions regulations from the Code of Federal Regulations in June 2011 while maintaining a separate Western Balkans framework. The 2011 removal confirms regulatory cleanup, not a new 2011 end date for EO 12934.

Administration position: The order sought economic pressure on forces rejecting a territorial settlement. It did not transfer ownership of blocked assets or itself authorize military force.
SignedOctober 25, 1994
ProgramFormer Yugoslavia sanctions
AdministratorTreasury with State

Before and after

Before the order

Existing sanctions principally addressed Serbia and Montenegro and the former Yugoslav government.

After the order

Property and commerce tied to Bosnian Serb-controlled areas were broadly restricted.

Who had to do what

Agency / officeActionTiming / position
TreasuryBlock covered property and regulate transactionsUntil termination
Federal agenciesSuspend inconsistent licensesAs necessary

What happened next

EO 12934 expanded the emergency.

The Dayton Peace Agreement was signed.

EO 13304 revoked the order.

Treasury removed the former Yugoslavia regulations and updated the separate Western Balkans rules.