[Weekly Compilation of Presidential Documents Volume 34, Number 52 (Monday, December 28, 1998)]
[Page 2528]
[Online from the Government Publishing Office, www.gpo.gov]

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Memorandum on Funding for the Korean Peninsula Development Organization

December 24, 1998

Presidential Determination No. 99-09

Memorandum for the Secretary of State

Subject: Use of $12 Million in Economic Support Funds for a U.S. 
Contribution to the Korean Peninsula Development Organization (KEDO)

    Pursuant to the authority vested in me by section 614(a)(1) of the 
Foreign Assistance Act of 1961, as amended, 22 U.S.C. 2364(a)(1) (the 
``Act''), I hereby determine that it is important to the security 
interests of the United States to furnish up to $12 million in funds 
made available under Chapter 4 of Part II of the Act for assistance for 
KEDO without regard to any provision of law within the scope of section 
614(a)(1). I hereby authorize furnishing of this assistance.
    You are hereby authorized and directed to transmit this 
determination to the Congress and to arrange for its publication in the 
Federal Register.
                                            William J. Clinton