GENERAL LICENSE NO. 5

Authorizing air transportation-related transactions involving the Federal Republic of Yugoslavia (Serbia and Montenegro)

(a) All transactions or dealings by a U.S. person relating to the following activities are authorized:

(1)  The provision of air transportation services, directly or indirectly, between the United States and the Federal Republic of Yugoslavia (Serbia and Montenegro) (FRY (S&M));

(2)  The provision of ground support services by Jugoslovenski Aerotransport (JAT) in the FRY (S&M) or in any third country;

(3)  The operation of charter flights to or from the FRY (S&M), except for a charter flight operated by or for JAT; and

(4)  The payment of charges for services rendered and all fees assessed in connection with taking off from, landing in, or overflying the FRY (S&M).

(b)  This general license does not authorize any transactions or dealings, directly or indirectly, by a U.S. person relating to JAT taking off from, landing in, or overflying the United States.

Note:  This general license does not excuse a person from complying with other applicable U.S. laws, including, but not limited to, title 49 of the U.S. Code and regulations issued thereunder, as well as those laws and regulations governing the importation, exportation, reexportation, sale, or supply of goods, software, technology (including technical data), or services.

GENERAL LICENSE NO. 6

Authorizing transactions relating to the exportation of petroleum and petroleum products to the Federal Republic of Yugoslavia (Serbia and Montenegro)

(a)  The following are authorized:  All transactions or dealings relating to the exportation, reexportation, sale, or supply, directly or indirectly, from the United States, or by a United States person, wherever located, of any petroleum or petroleum products to the Federal Republic of Yugoslavia (Serbia and Montenegro) (FRY (S&M)) or to the Government of the FRY (S&M).

(b)  This general license does not authorize: (i) any transactions or dealings, directly or indirectly, by a U.S. person with Jugopetrol or Nis-Nafta Industrija Srbije, (ii) any transactions or dealings, directly or indirectly, by a U.S. person with any financial institution located or headquartered in the Republic of Serbia, or (iii) any debit to a blocked account or setoff against blocked property.

Note:  This general license does not excuse a person from complying with other applicable U.S. laws and regulations, including, but not limited to, those governing the exportation, reexportation, sale, or supply of goods, software, technology (including technical data), or services.  OFAC's program brochure on Yugoslavia and industry brochures for banks and for exporters & importers have been updated accordingly.