[Federal Register Volume 66, Number 115 (Thursday, June 14, 2001)]
[Presidential Documents]
[Pages 32207-32208]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-15190]


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  Federal Register / Vol. 66, No. 115 / Thursday, June 14, 2001 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 32207]]

                Notice of June 11, 2001

                
Continuation of Emergency With Respect to 
                Property of the Russian Federation Relating to the 
                Disposition of Highly

                Enriched Uranium Extracted From Nuclear Weapons

                On June 21, 2000, President Clinton issued Executive 
                Order 13159 (the ``Order'') blocking property and 
                interests in property of the Government of the Russian 
                Federation that are in the United States, that 
                hereafter come within the United States, or that are or 
                hereinafter come within the possession or control of 
                U.S. persons that are directly related to the 
                implementation of the Agreement Between the Government 
                of the United States of America and the Government of 
                the Russian Federation concerning the disposition of 
                highly enriched uranium extracted from nuclear weapons, 
                dated February 18, 1993, and related contracts and 
                agreements (collectively, the ``HEU Agreements''). The 
                HEU Agreements allow for the downblending of highly 
                enriched uranium derived from nuclear weapons to low 
                enriched uranium for peaceful commercial purposes. The 
                Order invoked the authority, inter alia, of the 
                International Emergency Economic Powers Act, 50 U.S.C. 
                1701 et seq., and declared a national emergency to deal 
                with the threat to the national security and foreign 
                policy of the United States posed by the risk of 
                nuclear proliferation created by the accumulation of a 
                large volume of weapons-usable fissile material in the 
                territory of the Russian Federation.

                A major national security goal of the United States is 
                to ensure that fissile material removed from Russian 
                nuclear weapons pursuant to various arms control and 
                disarmament agreements is downblended to low enriched 
                uranium for peaceful commercial uses, subject to 
                transparency measures, and protected from diversion to 
                activities of proliferation concern.

                Pursuant to the HEU Agreements, weapons-grade uranium 
                extracted from Russian nuclear weapons is converted to 
                low enriched uranium for use as fuel in commercial 
                nuclear reactors. The Order blocks and protects from 
                attachment, judgment, decree, lien, execution, 
                garnishment, or other judicial process the property and 
                interests in property of the Government of the Russian 
                Federation that are directly related to the 
                implementation of the HEU Agreements and that are in 
                the United States, that hereafter come within the 
                United States, or that are or hereafter come within the 
                possession or control of United States persons.

                The national emergency declared on June 21, 2000, must 
                continue beyond June 21, 2001, to provide continued 
                protection from attachment, judgment, decree, lien, 
                execution, garnishment, or other judicial process the 
                property and interests in property of the Government of 
                the Russian Federation that are directly related to the 
                implementation of the HEU Agreements and subject to 
                U.S. jurisdiction. Therefore, in accordance with 
                section 202(d) of the National Emergencies Act (50 
                U.S.C. 1622(d)), I am continuing the national emergency 
                with respect to weapons-usable fissile material in the

[[Page 32208]]

                territory of the Russian Federation. This notice shall 
                be published in the Federal Register and transmitted to 
                the Congress.

                    (Presidential Sig.)B

                THE WHITE HOUSE,

                    June 11, 2001.

[FR Doc. 01-15190
Filed 6-13-01; 8:45 am]
Billing code 3195-01-P