[House Document 108-187]
[From the U.S. Government Publishing Office]
108th Congress, 2d Session - - - - - - - - - - - - House Document 108-187
CONTINUATION OF NATIONAL EMERGENCY WITH RESPECT TO PROTECTING THE
DEVELOPMENT FUND FOR IRAQ
__________
COMMUNICATION
from
THE PRESIDENT OF THE UNITED STATES
TRANSMITTING
NOTIFICATION STATING THAT THE NATIONAL EMERGENCY DECLARED IN EXECUTIVE
ORDER 13303 OF MAY 22, 2003, AS EXPANDED IN SCOPE BY EXECUTIVE ORDER
13315 OF AUGUST 28, 2003, PROTECTING THE DEVELOPMENT FUND FOR IRAQ AND
CERTAIN OTHER PROPERTY IN WHICH IRAQ HAS AN INTEREST, IS TO CONTINUE IN
EFFECT BEYOND MAY 22, 2004, PURSUANT TO 50 U.S.C. 1622
June 1, 2004.--Referred to the Committee on International Relations and
ordered to be printed
To the Congress of the United States:
Section 202(d) of the National Emergencies Act (50 U.S.C.
1622(d)) provides for the automatic termination of a national
emergency unless, prior to the anniversary date of its
declaration, the President publishes in the Federal Register
and transmits to the Congress a notice stating that the
emergency is to continue in effect beyond the anniversary date.
In accordance with this provision, I have sent the enclosed
notice, stating that the national emergency declared in
Executive Order 13303 of May 22, 2003, as expanded in scope by
Executive Order 13315 of August 28, 2003, protecting the
Development Fund for Iraq and certain other property in which
Iraq has an interest, is to continue in effect beyond May 22,
2004, to the Federal Register for publication.
The obstacles to the orderly reconstruction of Iraq, the
restoration and maintenance of peace and security in the
country, and the development of political, administrative, and
economic institutions in Iraq constituted by the threat of
attachment or other judicial process against the Development
Fund for Iraq, Iraqi petroleum and petroleum products, and
interests therein, and proceeds, obligations, or any financial
instruments of any nature whatsoever arising from or related to
the sale or marketing thereof, pose a continuing unusual and
extraordinary threat to the national security and foreign
policy of the United States. For these reasons, I have
determined that it is necessary to continue the national
emergency protecting the Development Fund for Iraq, and certain
other property in which Iraq has an interest, and to maintain
in force the sanctions to respond to this threat.
George W. Bush.
The White House, May 20, 2004.
Notice
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Continuation of the National Emergency Protecting the Development Fund
for Iraq and Certain Other Property in Which Iraq Has an Interest
On May 22, 2003, by Executive Order 13303, I declared a
national emergency protecting the Development Fund for Iraq and
certain other property in which Iraq has an interest, pursuant
to the International Emergency Economic Powers Act (50 U.S.C.
1701-1706). I took this action to deal with the unusual and
extraordinary threat to the national security and foreign
policy of the United States posed by the obstacles to the
orderly reconstruction of Iraq, the restoration and maintenance
of peace and security in the country, and the development of
political, administrative, and economic institutions in Iraq
constituted by the threat of attachment or other judicial
process against the Development Fund for Iraq, Iraqi petroleum
and petroleum products, and interests therein, and proceeds,
obligations, or any financial instruments of any nature
whatsoever arising from or related to the sale or marketing
thereof.
On August 28, 2003, in Executive Order 13315, I expanded
the scope of this national emergency to block the property of
the former Iraqi regime, its senior officials and their family
members as the removal of Iraqi property from that country by
certain senior officials of the former Iraqi regime and their
immediate family members constitutes an obstacle to the orderly
reconstruction of Iraq, the restoration and maintenance of
peace and security in the country, and the development of
political, administrative, and economic institutions in Iraq.
Because these obstacles to the orderly reconstruction of
Iraq, the restoration and maintenance of peace and security in
the country, and the development of political, administrative,
and economic institutions in Iraq continue to pose an unusual
and extraordinary threat to the national security and foreign
policy of the United States, the national emergency declared on
May 22, 2003, and the measures adopted on that date and on
August 28, 2003, to deal with that emergency, must continue in
effect beyond May 22, 2004. Therefore, in accordance with
section 202(d) of the National Emergencies Act (50 U.S.C.
1622(d)), I am continuing for 1 year the national emergency
protecting the Development Fund for Iraq and certain other
property in which Iraq has an interest.
This notice shall be published in the Federal Register and
transmitted to the Congress.
George W. Bush.
The White House, May 20, 2004.