    [Weekly Compilation of Presidential Documents Volume 40, Number 39 (Monday, September 27, 2004)]
    [Page 2069]
    [Online from the Government Publishing Office, www.gpo.gov]

    <R04>
    Memorandum on Determination and Waiver of Application of Section
    908(a)(1) of the Trade Sanctions Reform and Export Enhancement Act of
    2000 With Respect to Libya

    September 20, 2004

     Presidential Determination No. 2004-49

    Memorandum for the Secretary of State, the Secretary of Agriculture, the
    Secretary of Commerce

    Subject: Determination and Waiver of Application of Section 908(a)(1) of
    the Trade Sanctions Reform and Export Enhancement Act of 2000 with
    Respect to Libya

        By virtue of the authority vested in me by the Constitution and laws
    of the United States, including section 908(a)(3) of the Trade Sanctions
    Reform and Export Enhancement Act of 2000, title IX, Public Law 106-387
    (TSRA), I hereby determine that waiver of the application of section
    908(a)(1) of TSRA with respect to Libya is in the national security
    interest of the United States and hereby waive the application of that
    section with respect to Libya.
        The Secretary of State is hereby authorized and directed to report
    this determination and waiver to the Congress and to arrange for its
    publication in the Federal Register.
                                                    George W. Bush

    [Filed with the Office of the Federal Register, 8:45 a.m., September 28,
    2004]

    Note: This memorandum will be published in the Federal Register on
    September 29.