Unblocking of specific Yugoslav designations

The Director of the Office of Foreign Assets Control has signed a Memorandum to Undesignate effectively removing TEKNOX, Belgrade, Serbia [FRYK] and TEKNOX, Belgrade, Serbia [FRY S&M] from OFAC's "below the line" SDN listings. Post-January 18, 2001 transactions with TEKNOX were already authorized by Executive Order 13192. All reference to TEKNOX will be removed from the various alphabetical listings of OFAC's Specially Designated Nationals and Blocked Persons when additions are next made to the list.