[Congressional Record Volume 149, Number 164 (Wednesday, November 12, 2003)]
[Senate]
[Page S14802]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




PERIODIC REPORT RELATIVE TO THE NATIONAL EMERGENCY WITH RESPECT TO IRAN 
         WHICH WAS DECLARED IN EXECUTIVE ORDER NO. 12170--PM 56

  The PRESIDING OFFICER laid before the Senate the following message 
from the President of the United States, together with an accompanying 
report; which was referred to the Committee on Banking, Housing, and 
Urban Affairs:

      Continuation of the National Emergency With Respect to Iran

  On November 14, 1979, by Executive Order 12170, the President 
declared a national emergency with respect to Iran pursuant 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 situation in Iran. Because our relations with Iran have not yet 
returned to normal, and the process of implementing the January 19, 
1981, agreements with Iran is still underway, the national emergency 
declared on November 14, 1979, must continue in effect beyond November 
14, 2003. Therefore, consistent with section 202(d) of the National 
Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year this 
national emergency with respect to Iran.
  This notice shall be published in the Federal Register and 
transmitted to the Congress.
                                                      George W. Bush.  
The White House, November 12, 2003.

                          ____________________