U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 

1

89–011 2001

107th Congress, 1st Session – – – – – – – – – – – – House Document 107–106

PERIODIC REPORT ON THE NATIONAL EMERGENCY

WITH RESPECT TO TERRORISTS WHO THREATEN TO

DISRUPT THE MIDDLE EAST PEACE PROCESS

MESSAGE

FROM

THE PRESIDENT OF THE UNITED STATES

TRANSMITTING

A REPORT ON DEVELOPMENTS CONCERNING THE NATIONAL

EMERGENCY WITH RESPECT TO TERRORISTS WHO THREATEN

TO DISRUPT THE MIDDLE EAST PEACE PROCESS THAT WAS DECLARED IN EXECUTIVE ORDER 12947 OF JANUARY 23, 1995, PURSUANT TO 50 U.S.C. 1641(c) AND 50 U.S.C. 1703(c)

JULY 24, 2001.—Message and accompanying papers referred to the

Committee on International Relations and ordered to be printed

(1)

To the Congress of the United States:

As required by section 401(c) of the National Emergencies Act,

50 U.S.C. 1641(c), and section 204(c) of the International Emergency Economic Powers Act, 50 U.S.C. 1703(c), I transmit herewith

a 6-month periodic report on the national emergency with respect

to terrorists who threaten to disrupt the Middle East peace process

that was declared in Executive Order 12947 of January 23, 1995.

GEORGE W. BUSH.

THE WHITE HOUSE, July 23, 2001.

(3)

PRESIDENT’S PERIODIC REPORT ON THE NATIONAL EMERGENCY WITH

RESPECT TO TERRORISTS WHO THREATEN TO DISRUPT THE MIDDLE EAST PEACE PROCESS

I hereby report to the Congress on the development over the

course of the past 6 months concerning the national emergency

with respect to terrorists who threaten to disrupt the Middle East

peace process that was declared in Executive Order 12947 of January 23, 1995, as expanded in scope by Executive Order 13099. This

report is submitted pursuant to section 401(c) of the National

Emergencies Act, 50 U.S.C. 1641(c), and section 204(c) of the International Emergency Economic Powers Act, 50 U.S.C. 1703(c)

(‘‘IEEPA’’).

1. There have been no amendments to the Terrorism Sanctions

Regulations, 31 CFR Part 595 (the ‘‘Regulations’’), during this reporting period.

2. The Office of Foreign Assets Control (OFAC) has issued no licenses pursuant to the Regulations during the current reporting

period.

3. During this reporting period, three transactions totaling nearly $13,000 were blocked. The total blocked assets reported to OFAC

is nearly $117,000. The blocking of these funds prevents their conversion or other disposal for the benefit of the Specially Designated

Terrorists (‘‘SDTs’’). Federal agencies will continue to work closely

to identify and block assets in which SDTs have an interest and

will vigorously enforce Executive Orders 12947 and 13099 against

Usama bin Laden and other terrorists who threaten the Middle

East peace process.

4. During this reporting period, OFAC collected one civil monetary penalty in the amount of $6,500 from a U.S. financial institution for its violations of IEEPA and the Regulations. A second penalty proceeding is pending against another financial institution for

dealing in property in which an SDT has an interest.

5. The expenses incurred by the Federal Government in the 6-

month period from January 20, 2001 through July 22, 2001, that

are directly attributable to the exercise of powers and authorities

conferred by the declaration of the national emergency with respect

to organizations that disrupt the Middle East peace process are estimated at approximately $440,000. This data does not reflect certain costs of operations by the intelligence and law enforcement

communities.

6. Executive Orders 12947 and 13099 provided this Administration with a tool for combating fundraising in this country on behalf

of organizations that use terror to undermine the Middle East

peace process. The orders make it harder for such groups to finance

these criminal activities by impeding their access to sources of support in the United States and to U.S. financial facilities. They are

also intended to reach charitable contributions to designated orgaVerDate 11-MAY-2000 05:24 Jul 25, 2001 Jkt 089011 PO 00000 Frm 00005 Fmt 6601 Sfmt 6601 E:\HR\OC\HD106.XXX pfrm07 PsN: HD106
4

nizations and individuals to preclude diversion of such donations to

terrorist activities.

The Executive orders demonstrate the United States’ determination to confront and combat those who would seek to destroy the

Middle East peace process and our commitment to the global fight

against terrorism. I shall continue to exercise the powers at my disposal to apply economic sanctions against extremists seeking to destroy the hopes of peaceful coexistence between Arabs and Israelis

as long as these measures are appropriate, and will continue to report periodically to the Congress on significant developments pursuant to 50 U.S.C. 1703(c).

Æ