[Weekly Compilation of Presidential Documents Volume 39, Number 42 (Monday, October 20, 2003)]
[Pages 1407-1408]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Notice--Continuation of the National Emergency With Respect to 
Significant Narcotics Traffickers Centered in Colombia

October 16, 2003

    On October 21, 1995, by Executive Order 12978, the President 
declared a national emergency consistent with to the International 
Emergency Economic Powers Act (50 U.S.C. 1701-1706) to deal with the 
unusual and extraordinary threat to the national security, foreign 
policy, and economy of the

[[Page 1408]]

United States constituted by the actions of significant narcotics 
traffickers centered in Colombia, and the extreme level of violence, 
corruption, and harm such actions cause in the United States and abroad.
    The order blocks all property and interests in property that are in 
the United States or within the possession or control of United States 
persons or foreign persons listed in an annex to the order, as well as 
of foreign persons determined to play a significant role in 
international narcotics trafficking centered in Colombia. The order 
similarly blocks all property and interests in property of foreign 
persons determined to materially assist in, or provide financial or 
technological support for or goods or services in support of, the 
narcotics trafficking activities of persons designated in or pursuant to 
the order, or persons determined to be owned or controlled by, or to act 
for or on behalf of, persons designated in or pursuant to the order. The 
order also prohibits any transaction or dealing by United States persons 
or within the United States in such property or interests in property.
    Because the actions of significant narcotics traffickers centered in 
Colombia continue to threaten the national security, foreign policy, and 
economy of the United States and to cause an extreme level of violence, 
corruption, and harm in the United States and abroad, the national 
emergency declared on October 21, 1995, and the measures adopted 
pursuant thereto to deal with that emergency, must continue in effect 
beyond October 21, 2003. Therefore, consistent with section 202(d) of 
the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 
year the national emergency with respect to significant narcotics 
traffickers centered in Colombia. This notice shall be published in the 
Federal Register and transmitted to the Congress.
                                                George W. Bush
 The White House,
 October 16, 2003.

[Filed with the Office of the Federal Register, 10:53 a.m., October 17, 
2003]

Note: This notice was released by the Office of the Press Secretary on 
October 17, and it was published in the Federal Register on October 20.