    [Public Papers of the Presidents of the United States: George W. Bush (2006, Book I)]
    [May 18, 2006]
    [Pages 957-958]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Message to the Congress on Continuation of the National Emergency
    Protecting the Development Fund for Iraq and Certain Other Property in
    Which Iraq Has an Interest
    May 18, 2006

    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 to the Federal Register for publication. This notice
    states that the national emergency declared in Executive Order 13303 of
    May 22, 2003, as expanded in scope by Executive Order 13315 of August
    28, 2003, and modified in Executive Order 13364 of November 29, 2004, is
    to continue in effect beyond May 22, 2006. The most recent notice
    continuing this emergency was published in the Federal Register on May
    20, 2005 (70 FR 29435).
        The threats of attachment or other judicial process against (i) the
    Development Fund for Iraq, (ii) Iraqi petroleum and petroleum products,
    and interests therein, and proceeds, obligations, or any financial
    instruments of any nature whatsoever arising from or related to the sale
    or marketing thereof, or (iii) any accounts, assets, investments, or any
    other property of any kind owned by, belonging to, or held by, on behalf
    of, or otherwise for the Central Bank of Iraq create obstacles to the
    orderly reconstruction of Iraq, the restoration and maintenance of peace
    and security in the country, and the development of political,
    administrative, and economic institutions in Iraq. Accordingly, these
    obstacles continue to pose an unusual and extraordinary threat to the
    national security and foreign policy of the United States. For these
    reasons, I have determined that it is necessary to continue the national
    emergency protecting the Development Fund for Iraq, certain other
    property in which Iraq has an interest, and the Central Bank of Iraq,
    and to maintain in force the sanctions to respond to this threat.

                                                              George W. Bush

     The White House,

     May 18, 2006.

    Note: The notice is listed in Appendix D at the end of this volume.

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