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H.Doc.107-122 AN ADDRESS TO A JOINT SESSION OF CONGRESS ...
107th Congress, 1st Session - - - - - - - - - - - House Document 107-121 PERIODIC REPORT ON THE NATIONAL EMERGENCY WITH RESPECT TO IRAN __________ MESSAGE from THE PRESIDENT OF THE UNITED STATES transmitting A 6-MONTH PERIODIC REPORT ON THE NATIONAL EMERGENCY WITH RESPECT TO IRAN THAT WAS DECLARED IN EXECUTIVE ORDER 12957 OF MARCH 15, 1995, PURSUANT TO 50 U.S.C. 1641(c) AND 1703(c); AND 22 U.S.C. 2349aa-9(c) <GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT> September 20, 2001.--Message and accompanying papers referred to the Committee on International Relations and ordered to be printed __________ U.S. GOVERNMENT PRINTING OFFICE 89-011 WASHINGTON : 2001 To the Congress of the United States: As required by section 401(c) of the National Emergencies Act, 50 U.S.C. 1641(c), section 204(c) of the International Emergency Economic Powers Act, 50 U.S.C. 1703(c), and section 505(c) of the International Security and Development Cooperation Act of 1985, 22 U.S.C. 2349aa-9(c), I transmit herewith a 6-month periodic report on the national emergency with respect to Iran that was declared in Executive Order 12957 of March 15, 1995. George W. Bush. The White House, September 19, 2001. President's Periodic Report on the National Emergency With Respect to Iran I hereby report to the Congress on developments over the course of the past 6 months concerning the national emergency with respect to Iran that was declared in Executive Order 12957 of March 15, 1995, and matters relating to the measures in that order and in Executive Order 12959 of May 6, 1995, and Executive Order 13059 of August 19, 1997. This report is submitted pursuant to section 204(c) of the International Emergency Economic Powers Act, 50 U.S.C. 1703(c) (``IEEPA''), section 401(c) of the National Emergencies Act, 50 U.S.C. 1641(c), and section 505(c) of the International Security and Development Cooperation Act of 1985, 22 U.S.C. 2349aa-9(c). This report discusses only matters concerning the national emergency with respect to Iran that was declared in Executive Order 12957 and does not deal with those relating to the emergency declared on November 14, 1979, in connection with the hostage crisis. 1. In light of the recent passage of the Trade Sanctions Reform and Export Enhancement Act of 2000, Title IX of Public Law 106-387 (October 28, 2000) (the ``TSRA''), conforming amendments were promulgated to the Iranian Transaction Regulations, 31 CFR Part 560 (the ``Regulations'') (66 FR 36683, July 12, 2001). The TSRA requires the President to terminate unilateral sanctions on the exportation of most agricultural commodities, medicine and medical devices and imposes the requirement, with certain exceptions, that exports of such products to the government of countries, such as Iran, designated by the Secretary of State to have repeatedly provided support for acts of international terrorism, and any other entity within such countries, only be made available pursuant to one-year licenses. The TSRA requires that procedures be put in place to deny licenses for exports to any entity in such country promoting international terrorism. A copy of the Regulations is attached to this report. 2. During this period, the Office of Foreign Assets Control (OFAC) made numerous decisions with respect to applications for licenses to engage in transactions under the Regulations. Of those applications for licenses that were denied, the majority were for requests to authorize commercial exports to Iran-- particularly of machinery and equipment for various industries--and the importation of Iranian-origin goods. One hundred eighteen licenses were issued, of which 61 authorized commercial sales and exportation to Iran of bulkagricultural commodities. In addition, licenses were also issued authorizing 45 sales of medicines or medical equipment. Other licenses issued authorized certain licensable transactions involving air and marine safety, cultural exchanges, journalistic, legal and financial activities, and the importation of art objects for public exhibition. Pursuant to Sections 3 and 4 of Executive Order 12959 and Executive Order 13059 and consistent with statutory restrictions concerning certain goods and technology, including those involved in air safety cases, Treasury continues to consult with the Departments of State and Commerce in the issuance of licenses. 3. For the period March 15 through September 14, 2001, on OFAC's instructions, U.S. banks refused to process approximately 1,300 commercial transactions, the majority involving foreign financial institutions. The completion of these transactions by U.S. banks would have been contrary to U.S. foreign policy with respect to Iran. The rejected transactions caused a disruption of approximately $160 million in financial dealings involving Iran by virtue of U.S. economic sanctions. 4. Since my last report, OFAC has collected 44 civil monetary penalties, settlements and installment payments totaling nearly $210,000 for violations of IEEPA and the Regulations. The violators included 11 companies, three U.S. financial institutions, one law firm, and 11 individuals. An additional 172 cases are undergoing penalty action for violations of IEEPA and the Regulations. Various enforcement actions carried over from previous reporting periods are continuing and new reports of violations are being aggressively pursued. 5. The expenses incurred by the Federal Government in the 6-month period from March 15 through September 14, 2001, that are directly attributable to the exercise of powers and authorities conferred by the declaration of a national emergency with respect to Iran are reported to be approximately $1.4 million, most of which represent wage and salary costs for Federal personnel. Personnel costs were largely centered in the Department of the Treasury (particularly in the Office of Foreign Assets Control, the U.S. Customs Service, the Office of the Under Secretary for Enforcement, and the Office of the General Counsel), the Department of State (particularly the Bureau of Economic and Business Affairs, the Bureau of Near Eastern Affairs, the Bureau of Intelligence and Research and the Office of the Legal Adviser), and the Department of Commerce(the Bureau of Export Administration and the Chief Counsel's Office). 6. The situation reviewed above continues to present an extraordinary and unusual threat to the national security, foreign policy, and economy of the United States. The declaration of the national emergency with respect to Iran contained in Executive Order 12957 and the comprehensive economic sanctions imposed by Executive Order 12959 underscore the United States Government's opposition to the actions and policies of the Government of Iran, particularly its support of international terrorism and its efforts to acquire weapons of mass destruction and the means to deliver them. The Iranian Transactions Regulations, issued pursuant to Executive Orders 12957, 12959, and 13059, continue to advance important objectives in furthering the nonproliferation and anti- terrorism policies of the United States. I shall exercise the powers at my disposal to deal with these problems and will report periodically to the Congress, as required by statute, on significant developments. <GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT> <all>
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