[Weekly Compilation of Presidential Documents Volume 35, Number 20 (Monday, May 24, 1999)]
[Page 934]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Memorandum on the Korean Energy Development Organization

May 18, 1999

Presidential Determination No. 99-24

Memorandum for the Secretary of State

Subject: U.S. Contribution to KEDO: Certification Under Section 582(c) 
of the Foreign Operations, Export Financing, and Related Programs 
Appropriations Act, 1999, as enacted in Public Law 105-277

    Pursuant to section 582(c) of the Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 1999, as enacted in 
Public Law 105-277, I hereby certify that:
    (1) the United States has initiated meaningful discussions with 
      North Korea on implementation of the Joint Declaration on the 
      Denuclearization of the Korean Peninsula;
    (2) the United States has reached agreement with North Korea on the 
      means for satisfying U.S. concerns regarding suspect underground 
      construction; and
    (3) the United States is making significant progress on reducing and 
      eliminating the North Korean ballistic missile threat, including 
      its ballistic missile exports.
    You are authorized and directed to report this certification to the 
Congress and to arrange for its publication in the Federal Register.
                                            William J. Clinton