WASHINGTON -- President Clinton has extended the national emergency
posed by illegal drug trafficking through and out of Colombia,
continuing the economic pressure placed on cartels and denying them
use of the U.S. market and financial system.
Clinton issued the Executive Order recognizing the national emergency
on Oct. 21, 1995, and he has renewed the measure every year since. He
renewed the order again Oct. 19, an action that will take effect Oct.
21, because "the measures adopted ... to deal with that emergency must
continue."
Following is the White House text:
(begin text)
CONTINUATION OF EMERGENCY WITH RESPECT TO SIGNIFICANT NARCOTICS
TRAFFICKERS CENTERED IN COLOMBIA
On October 21, 1995, by Executive Order 12978, I declared a national
emergency to deal with the unusual and extraordinary threat to the
national security, foreign policy, and economy of the United States
constituted by the actions of significant foreign narcotics
traffickers centered in Colombia, and the unparalleled violence,
corruption, and harm that they cause in the United States and abroad.
The order blocks all property and interests in property of foreign
persons listed in an Annex to the order, as well as foreign persons
determined to play a significant role in international narcotics
trafficking centered in Colombia, 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 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 activities of significant narcotics traffickers centered
in Colombia continue to threaten the national security, foreign
policy, and economy of the United States and to cause unparalleled
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, 1998. Therefore, in accordance with section
202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am
continuing the national emergency for one year with respect to
significant narcotics traffickers centered in Colombia. This notice
shall be published in the Federal Register and transmitted to the
Congress.
(end text)