[Weekly Compilation of Presidential Documents Volume 38, Number 14 (Monday, April 8, 2002)]
[Pages 549-550]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Memorandum on the United States Contribution to the Korean Peninsula 
Energy Development Organization

April 1, 2002

 Presidential Determination No. 2002-12

Memorandum for the Secretary of State

Subject: U.S. Contribution to the Korean Peninsula Energy Development 
Organization (KEDO): Determination Regarding Funds Under the Heading 
``Nonproliferation, Anti-terrorism, Demining and Related Programs'' in 
Title II of the Foreign Operations, Export Financing, and Related 
Programs Appropriations Act, 2002 (Public Law 107-115)

    Pursuant to the authority vested in me by section 565(c) of the 
Foreign Operations, Export Financing, and Related Programs 
Appropriations Act, 2002 (Public Law 107-115) (the ``Act''), I hereby 
determine that it is vital to the national security interests of the 
United States to furnish up to $95 million in funds made available under 
the heading ``Nonproliferation, Anti-terrorism, Demining and Related 
Programs'' of that Act, for assistance to KEDO, and, therefore, I hereby 
waive the requirement in section 565(b) to certify that:
 (1)         The parties to the Agreed Framework have taken and continue 
            to take demonstrable steps to implement the Joint 
            Declaration on Denuclearization of the Korean Peninsula;
 (2)         North Korea is complying with all provisions of the Agreed 
            Framework; and

[[Page 550]]

 (3)         The United States is continuing to make significant 
            progress on eliminating the North Korean ballistic missile 
            threat, including further missile tests and its ballistic 
            missile exports.
    You are hereby authorized and directed to report this determination 
and the accompanying Memorandum of Justification to the Congress, and to 
arrange for publication of this determination in the Federal Register.
                                                George W. Bush

Note: This memorandum was released by the Office of the Press Secretary 
on April 2.