[Code of Federal Regulations]
[Title 3, Volume 1]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 3CFROct19]

Notice of October 19, 2004

Continuation of the National Emergency With Respect to Significant 
Narcotics Traffickers Centered in Colombia

          On October 21, 1995, by Executive Order 12978, the President 
          declared a national emergency pursuant to the International 
          Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) 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 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.

[[Page 300]]

          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, 2004. 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 
          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,

Washington, October 19, 2004.