Notice: Continuation of the National Emergency with Respect to the Risk of Nuclear...

Notice: Continuation of the National Emergency with Respect to the Risk of Nuclear Proliferation Created by the Accumulation of Weapons-Usable Fissile Material in the Territory of the Russian Federation

WASHINGTON--(Business Wire)--
On June 21, 2000, President Clinton issued Executive Order 13159
(the "order") blocking property and interests in property of the
Government of the Russian Federation that are in the United States,
that hereafter come within the United States, or that are or hereafter
come within the possession or control of United States persons that
are directly related to the implementation of the Agreement Between
the Government of the United States of America and the Government of
the Russian Federation Concerning the Disposition of Highly Enriched
Uranium Extracted from Nuclear Weapons, dated February 18, 1993, and
related contracts and agreements (collectively, the "HEU Agreements").
The HEU Agreements allow for the downblending of highly enriched
uranium derived from nuclear weapons to low enriched uranium for
peaceful commercial purposes. The order invoked the authority, inter
alia, of the International Emergency Economic Powers Act (50 U.S.C.
1701 et seq.) and declared a national emergency to deal with the
unusual and extraordinary threat to the national security and foreign
policy of the United States posed by the risk of nuclear proliferation
created by the accumulation of a large volume of weapons-usable
fissile material in the territory of the Russian Federation.

The national emergency declared on June 21, 2000, must continue
beyond June 21, 2008, to provide continued protection from attachment,
judgment, decree, lien, execution, garnishment, or other judicial
process for the property and interests in property of the Government
of the Russian Federation that are directly related to the
implementation of the HEU Agreements and subject to U.S. jurisdiction.
Therefore, in accordance 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 the risk of nuclear proliferation
created by the accumulation of weapons-usable fissile material in the
territory of the Russian Federation. This notice shall be published in
the Federal Register and transmitted to the Congress.

GEORGE W. BUSH

THE WHITE HOUSE,

June 18, 2008.

White House Press Office
1-202-456-2580

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