ExecutiveOrdersEO
Notice 12978NoticeTrump 47 · R

Presidential Notice 12978

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

This notice continues for one year the national emergency first declared in 1995 regarding significant narcotics traffickers centered in Colombia, extending sanctions authorities under the International Emergency Economic Powers Act beyond their scheduled October 21, 2025 expiration. The continuation preserves existing blocking authorities and sanctions programs targeting Colombian drug trafficking organizations without modifying their scope or adding new measures.

Federal Register Open PDF 90 FR 48391

Impact dates

  1. Continued emergency authority expires unless renewed

  2. Prior emergency authority would have expired

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Banking & financeOther industrial

Mechanisms

Ban / prohibition

Role pressure

  • UncertainDomestic producer — No direct market impact; maintains status quo sanctions compliance obligations for U.S. entities with Colombian exposure

Geographies

USOTHER

Exposure dates

  • — Continued emergency authority expires unless renewed

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MBACBank of AmericaBLKBlackRockCATCaterpillarFCXFreeport-McMoRanGEVGE VernovaGSGoldman SachsHONHoneywellHSBCHSBCJPMJPMorgan ChaseSPYSPDR S&P 500 ETF

Confidence: high · Policy alerts

Key directives

  • Continue national emergency declared in EO 12978 for 1 year beyond October 21, 2025
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • Continuation of emergency authorities takes effect upon publication
  • Existing sanctions designations remain active

Near term (90d)

  • Annual congressional notification completed

Long term

  • Emergency authority extends through October 21, 2026
  • Potential for further annual renewals

Risks & tensions

  • Long-running emergency (30 years) may raise questions about indefinite emergency normalization
  • No new authorities or designations—purely procedural maintenance
  • Colombia relations sensitivity if perceived as stale framework
Presidential Notice 12978: Continuation of the National Emergency With Respect to Significant Narcotics Traffickers Centered in Colombia · Executive Orders