[Federal Register Volume 77, Number 120 (Thursday, June 21, 2012)]
[Presidential Documents]
[Pages 37263-37264]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-15273]


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  Federal Register / Vol. 77, No. 120 / Thursday, June 21, 2012 / 
Presidential Documents  

[[Page 37263]]


                Notice of June 18, 2012

                
Continuation of the National Emergency With 
                Respect to North Korea

                On June 26, 2008, by Executive Order 13466, the 
                President declared a national emergency 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 and foreign policy of 
                the United States constituted by the existence and risk 
                of proliferation of weapons-usable fissile material on 
                the Korean Peninsula. The President also found that it 
                was necessary to maintain certain restrictions with 
                respect to North Korea that would otherwise have been 
                lifted pursuant to Proclamation 8271 of June 26, 2008, 
                which terminated the exercise of authorities under the 
                Trading with the Enemy Act (50 U.S.C. App. 1-44) with 
                respect to North Korea.

                On August 30, 2010, I signed Executive Order 13551, 
                which expanded the scope of the national emergency 
                declared in Executive Order 13466 to deal with the 
                unusual and extraordinary threat to the national 
                security, foreign policy, and economy of the United 
                States posed by the continued actions and policies of 
                the Government of North Korea, manifested by its 
                unprovoked attack that resulted in the sinking of the 
                Republic of Korea Navy ship Cheonan and the deaths of 
                46 sailors in March 2010; its announced test of a 
                nuclear device and its missile launches in 2009; its 
                actions in violation of United Nations Security Council 
                Resolutions (UNSCRs) 1718 and 1874, including the 
                procurement of luxury goods; and its illicit and 
                deceptive activities in international markets through 
                which it obtains financial and other support, including 
                money laundering, the counterfeiting of goods and 
                currency, bulk cash smuggling, and narcotics 
                trafficking, which destabilize the Korean Peninsula and 
                imperil U.S. Armed Forces, allies, and trading partners 
                in the region.

                On April 18, 2011, I signed Executive Order 13570 to 
                take additional steps to address the national emergency 
                declared in Executive Order 13466 and expanded in 
                Executive Order 13551 that will ensure the 
                implementation of the import restrictions contained in 
                UNSCRs 1718 and 1874 and complement the import 
                restrictions provided for in the Arms Export Control 
                Act (22 U.S.C. 2751 et seq.).

                Because the existence and risk of proliferation of 
                weapons-usable fissile material on the Korean Peninsula 
                and the actions and policies of the Government of North 
                Korea continue to pose an unusual and extraordinary 
                threat to the national security, foreign policy, and 
                economy of the United States, the national emergency 
                declared in Executive Order 13466, expanded in scope in 
                Executive Order 13551, and addressed further in 
                Executive Order 13570, and the measures taken to deal 
                with that national emergency, must continue in effect 
                beyond June 26, 2012. 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 declared in Executive Order 13466.

[[Page 37264]]

                This notice shall be published in the Federal Register 
                and transmitted to the Congress.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, June 18, 2012.

[FR Doc. 2012-15273
Filed 6-20-12; 8:45 am]
Billing code 3295-F2-P