ExecutiveOrdersEO
DetDeterminationG.W. Bush · R Quiet signal

Presidential Determination

Continuation of the Exercise of Certain Authorities under the Trading with the Enemy Act

This presidential determination extends for one year the exercise of authorities under the Trading with the Enemy Act that were scheduled to expire on September 14, 2006. It continues economic sanctions and asset control regulations affecting certain countries, primarily maintaining the Cuban embargo and related foreign asset controls, through September 14, 2007.

Federal Register Open PDF 71 FR 54399

Impact dates

  1. Continued authorities expire unless renewed

  2. Prior authorities scheduled to terminate; new continuation takes effect

  3. Treasury Secretary to publish determination in Federal Register

Key directives

  • Continue exercise of Trading with the Enemy Act authorities for 1 year until September 14, 2007
  • Continue Foreign Assets Control Regulations (31 C.F.R. part 500)
  • Continue Transaction Control Regulations (31 C.F.R. part 505)
  • Continue Cuban Assets Control Regulations (31 C.F.R. part 515)
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of existing sanctions authorities takes effect September 14, 2006

Near term (90d)

  • Treasury Secretary to publish determination in Federal Register

Long term

  • Sanctions authorities remain in force through September 14, 2007
  • Potential annual renewal cycle for TWEA authorities continues

Risks & tensions

  • Annual renewal mechanism creates procedural uncertainty for long-term sanctions policy
  • Cuban embargo continuation maintains longstanding diplomatic tension without policy change
  • Determination cites 'national interest' without specific threat assessment or justification
Presidential Determination: Continuation of the Exercise of Certain Authorities under the Trading with the Enemy Act · Executive Orders