6.11.2001 Official Journal of the European Communities L 289/5 COUNCIL REGULATION (EC) No 2156/2001 of 5 November 2001 repealing Regulation (EC) No 926/98 concerning the reduction of certain economic relations with the Federal Republic of Yugoslavia THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 301 thereof, Having regard to Council Common Position 2001/719/CESP of 8 October 2001 amending Common Position 96/184/CFSP concerning arms exports to the former Yugoslavia and Common Position 98/240/CFSP on restrictive measures against the Federal Republic of Yugoslavia (1), Having regard to the proposal from the Commission, Whereas: (1)  In order to give effect to Resolution 1367(2001) of the United Nations Security Council, the Council has deter- mined that, in relation to Federal Republic of Yugoslavia, the arms embargo should be lifted and that the ban on the sale and supply of equipment which might be used for internal repression or terrorism had become super- fluous. (2)  Accordingly, the ban on the sale and supply of such equipment to the Federal Republic of Yugoslavia should be lifted immediately, HAS ADOPTED THIS REGULATION: Article 1 Regulation (EC) No 926/98 (?) is hereby repealed. Article 2 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Commu- nities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 5 November 2001. For the Council The President R. MILLER () O] L 268, 9.10.2001, p. 49. () OJ L 130, 1.5.1998, p. 1.