[Congressional Record (Bound Edition), Volume 148 (2002), Part 15]
[Senate]
[Page 20915]
[From the U.S. Government Publishing Office, www.gpo.gov]




 REPORT OF THE CONTINUATION OF THE NATIONAL EMERGENCY WITH THE RESPECT 
 TO THE SIGNIFICANT NARCOTICS TRAFFICKERS CENTERED IN COLOMBIA--PM 116

  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:

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 emergency declared with respect to 
significant narcotics traffickers centered in Colombia is to continue 
in effect beyond October 21, 2002, to the Federal Register for 
publication. The most recent notice continuing this emergency was 
published in the Federal Register on October 19, 2001 (66 Fed. Reg. 
3073).
  The circumstances that led to the declaration on October 21, 1995, of 
a national emergency have not been resolved. The actions of significant 
narcotics traffickers centered in Colombia continue to pose an unusual 
and extraordinary threat to the national security, foreign policy, and 
economy of the United States and to cause unparalleled violence, 
corruption, and harm in the United States and abroad. For these 
reasons, I have determined that it is necessary to maintain economic 
pressure on significant narcotics traffickers centered in Colombia by 
blocking their property or interests in property that are in the United 
States or within the possession or control of United States persons and 
by depriving them of access to the United States market and financial 
system.
                                                      George W. Bush.  
The White House, October 16, 2002.

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