Export Administration Act Renewed by President for One More Year
As indicated in the following notice that was published in today's Federal Register, President Bush has extended the Export Administration Act for an additional one-year period:
Notice of August 6, 2004 - Continuation of Emergency Regarding Export Control Regulations
On August 17, 2001, consistent with the authority provided me under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), I issued Executive Order 13222. In that order, I declared a national emergency with respect to the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States in light of the expiration of the Export Administration Act of 1979, as amended (50 U.S.C. App. 2401 et seq.). Because the Export Administration Act has not been renewed by the Congress, the national emergency declared on August 17, 2001, and renewed on August 14, 2002, and on August 7, 2003, must continue in effect beyond August 17, 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 declared in Executive Order 13222.
This notice shall be published in the Federal Register and transmitted to the Congress.
THE WHITE HOUSE,
Washington, August 6, 2004.
By way of background, the Export Administration Act of 1979 (EAA) was reauthorized by Congress on November 13, 2000, Pub. L. 106-508, 114 Stat. 2360. The EAA lapsed on August 20, 2001. Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701-1706 (1994 & Supp. IV 1998)), the President, through Executive Order 13222 of August 17, 2001 (66 Fed. Reg. 44025 (August 22, 2001)), continued the EAA and its regulations in force for a period of one year, subject to annual renewal.