[Weekly Compilation of Presidential Documents Volume 40, Number 39 (Monday, September 27, 2004)]
[Pages 2067-2068]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Message to the Congress on Termination of the National Emergency With 
Respect to Libya

September 20, 2004

To the Congress of the United States:

    Consistent with subsection 204(b) of the International Emergency 
Economic Powers

[[Page 2068]]

Act, 50 U.S.C. 1703(b)(IEEPA), I hereby report that I have issued an 
Executive Order (the ``order'') that terminates the national emergency 
declared in Executive Order 12543 of January 7, 1986, and revokes that 
Executive Order, Executive Order 12544 of January 8, 1986, Executive 
Order 12801 of April 15, 1992, and Executive Order 12538 of November 15, 
1985. I have determined that the situation that gave rise to this 
national emergency has been significantly altered by Libya's commitments 
and actions to eliminate its weapons of mass destruction programs and 
its Missile Technology Control Regime (MTCR)-class missiles, and by 
other developments.
    Executive Order 12543 of January 7, 1986, imposed sanctions on Libya 
in response to policies and actions of the Government of Libya that 
constituted an unusual and extraordinary threat to the national security 
and foreign policy of the United States. Those sanctions were modified 
in Executive Order 12544 of January 8, 1986, Executive Order 12801 of 
April 15, 1992, and supplemented Executive Order 12538 of November 15, 
1985.
    Based on Libya's recent commitments and actions to implement its 
December 19, 2003, commitment to eliminate its weapons of mass 
destruction programs and its MTCR-class missiles, and other 
developments, I have determined that the situation that gave rise to the 
national emergency declared in Executive Order 12543 has been 
significantly altered. My order, therefore, terminates that national 
emergency with respect to Libya and revokes Executive Orders 12543, 
12544, and 12801, and lifts the trade, commercial, and travel sanctions 
imposed against Libya based on that national emergency. The order also 
revokes Executive Order 12538, which blocked the import of petroleum 
products refined in Libya into the United States.
    While the order formally lifts sanctions under the national 
emergency with respect to Libya, it will not lift a wide variety of 
other sanctions imposed on Libya due to its designation as a state 
sponsor of terrorism under section 620A of the Foreign Assistance Act 
(restriction on foreign assistance), section 40 of the Arms Export 
Control Act (restriction on arms exports), and section 6(j) of the 
Export Administration Act of 1979 (restriction on exports of certain 
items on the Commodity Control List), as well as other statutory 
restrictions applicable to Libya.

    I have enclosed a copy of the order, which is effective at 12:01 
a.m. eastern daylight time on September 21, 2004.

                                                George W. Bush
The White House,
September 20, 2004.