[Weekly Compilation of Presidential Documents Volume 30, Number 26 (Monday, July 4, 1994)]
[Pages 1383-1384]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Executive Order 12923--Continuation of Export Control Regulations

June 30, 1994

    By the authority vested in me as President by the Constitution and 
the laws of the United States of America, including but not limited to 
section 203 of the International Emergency Economic Powers Act (``Act'') 
(50 U.S.C. 1702), I, WILLIAM J. CLINTON, President of the United States 
of America, find that the unrestricted access of foreign parties to U.S. 
goods, technology, and technical data and the existence of certain 
boycott practices of foreign nations, in light of the expiration of the 
Export Administration Act of 1979, as amended (50 U.S.C. App. 2401 et 
seq.), constitute an unusual and extraordinary threat to the national 
security, foreign policy, and economy of the United States and hereby 
declare a national emergency with respect to that threat.
    Accordingly, in order (a) to exercise the necessary vigilance with 
respect to exports and activities affecting the national security of the 
United States; (b) to further significantly the foreign policy of the 
United States, including its policy with respect to cooperation by U.S. 
persons with certain foreign boycott activities, and to fulfill its 
international responsibilities; and (c) to protect the domestic economy 
from the excessive drain of scarce materials and reduce the serious 
economic impact of foreign demand, it is hereby ordered as follows:
    Section 1. To the extent permitted by law, the provisions of the 
Export Administration Act of 1979, as amended, and the provisions for 
administration of the Export Administration Act of 1979, as amended, 
shall be carried out under this order so as to continue in full

[[Page 1384]]

force and effect and amend, as necessary, the export control system 
heretofore maintained by the Export Administration Regulations issued 
under the Export Administration Act of 1979, as amended. The delegations 
of authority set forth in Executive Order No. 12002 of July 7, 1977, as 
amended by Executive Order No. 12755 of March 12, 1991; Executive Order 
No. 12214 of May 2, 1980; Executive Order No. 12735 of November 16, 
1990; and Executive Order No. 12851 of June 11, 1993, shall be 
incorporated in this order and shall apply to the exercise of 
authorities under this order.
    Sec. 2. All rules and regulations issued or contained in effect by 
the Secretary of Commerce under the authority of the Export 
Administration Act of 1979, as amended, including those published in 
Title 15, Subtitle B, Chapter VII, Subchapter C, of the Code of Federal 
Regulations, Parts 768 through 799, and all orders, regulations, 
licenses, and other forms of administrative action issued, taken, or 
continued in effect pursuant thereto, shall, until amended or revoked by 
the Secretary of Commerce, remain in full force and effect as if issued 
or taken pursuant to this order, except that the provisions of sections 
203(b)(2) and 206 of the Act (50 U.S.C. 1702(b)(2) and 1705) shall 
control over any inconsistent provisions in the regulations. Nothing in 
this section shall affect the continued applicability of administrative 
sanctions provided for by the regulations described above.
    Sec. 3. Provisions for administration of section 38(e) of the Arms 
Export Control Act (22 U.S.C. 2778(e)) may be made and shall continue in 
full force and effect until amended or revoked under the authority of 
section 203 of the Act (50 U.S.C. 1702). To the extent permitted by law, 
this order also shall constitute authority for the issuance and 
continuation in full force and effect of all rules and regulations by 
the President or his delegate, and all orders, licenses, and other forms 
of administrative actions issued, taken, or continued in effect pursuant 
thereto, relating to the administration of section 38(e).
    Sec. 4. This order shall be effective as of midnight between June 
30, 1994, and July 1, 1994, and shall remain in effect until terminated. 
It is my intention to terminate this order upon the enactment into law 
of a bill reauthorizing the authorities contained in the Export 
Administration Act.
                                            William J. Clinton
The White House,
June 30, 1994.

[Filed with the Office of the Federal Register, 10:38 a.m., July 1, 
1994]

Note: This Executive order will be published in the Federal Register on 
July 5.