For Immediate Release
Office of the Press Secretary
October 17, 2003
Notice Continuation of the National Emergency with Respect to Significant Narcotics Traffickers Centered in Colombia
On October 21, 1995, by Executive Order 12978, the President declared
a national emergency consistent with to the International Emergency
Economic Powers Act (50 U.S.C. 1701-1706) to deal with the unusual and
extraordinary threat to the national security, foreign policy, and
economy of the United States constituted by the actions of significant
narcotics traffickers centered in Colombia, and the extreme level of
violence, corruption, and harm such actions cause in the United States
and abroad.
The order blocks all property and interests in property that are in
the United States or within the possession or control of United States
persons or foreign persons listed in an annex to the order, as well as
of foreign persons determined to play a significant role in
international narcotics trafficking centered in Colombia. The order
similarly blocks all property and interests in property of foreign
persons determined to materially assist in, or provide financial or
technological support for or goods or services in support of, the
narcotics trafficking activities of persons designated in or pursuant
to the order, or persons determined to be owned or controlled by, or to
act for or on behalf of, persons designated in or pursuant to the
order. The order also prohibits any transaction or dealing by United
States persons or within the United States in such property or
interests in property.
Because the actions of significant narcotics traffickers centered
in Colombia continue to threaten the national security, foreign policy,
and economy of the United States and to cause an extreme level of
violence, corruption, and harm in the United States and abroad, the
national emergency declared on October 21, 1995, and the measures
adopted pursuant thereto to deal with that emergency, must continue in
effect beyond October 21, 2003. Therefore, consistent with section
202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am
continuing for 1 year the national emergency with respect to
significant narcotics traffickers centered in Colombia. This notice
shall be published in the Federal Register and transmitted to the
Congress.
GEORGE W. BUSH
THE WHITE HOUSE,
October 16, 2003.
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