United Nations Security Council resolution 743, adopted unanimously on 21 February 1992, after reaffirming resolutions 713 (1991), 721 (1991), 724 (1991), 727 (1992) and 740 (1992), and considering that the situation in the Socialist Federal Republic of Yugoslavia constituted a threat to international peace and stability, the council established a peacekeeping mission in the country, known as the United Nations Protection Force (UNPROFOR), with the aim of reaching a peaceful political settlement in the region.
The council also decided to deploy the Force for an initial period of twelve months, further deciding that the arms embargo on Yugoslavia should not apply to weapons and military equipment intended for UNPROFOR. It requested the Secretary-General Boutros Boutros-Ghali to take measures to deploy the Force as soon as possible, subject to approval by the council, including a budget which will be partly offset by the Yugoslav parties but noting that UNPROFOR is an interim arrangement. Financing was discussed at the General Assembly on 19 March 1992. The resolution also required him to submit reports as appropriate and not less than every six months, with the first report due within two months on the progress in the region.