ExecutiveOrdersEO
EO 13466Executive OrderG.W. Bush · R Quiet signal

Executive Order 13466

Continuing Certain Restrictions With Respect to North Korea and North Korean Nationals

This executive order continues economic sanctions against North Korea that would otherwise be lifted when the U.S. terminates Trading With the Enemy Act authorities. It blocks North Korean property and interests in property that were frozen as of June 16, 2000, and prohibits U.S. persons from registering vessels in North Korea, flying the North Korean flag, or owning, leasing, operating, or insuring North Korean-flagged vessels.

Federal Register Open PDF 73 FR 36787

Impact dates

  1. Recurring reports to Congress on national emergency (NEA and IEEPA reporting requirements)

Key directives

  • Block all property and interests in property of North Korea or North Korean nationals that were blocked as of June 16, 2000, and remained blocked immediately prior to June 26, 2008
  • Prohibit U.S. persons from registering vessels in North Korea
  • Prohibit U.S. persons from obtaining authorization for vessels to fly North Korean flag
  • Prohibit U.S. persons from owning, leasing, operating, or insuring any North Korean-flagged vessel
  • Prohibit evasion, avoidance, or conspiracy to violate order prohibitions
  • Treasury Secretary authorized to promulgate rules and regulations after consultation with Secretary of State
  • Treasury Secretary authorized to submit recurring and final reports to Congress on national emergency

Who is ordered

Timeline

Immediate

  • Property blocking takes effect upon signing
  • Vessel prohibitions take effect upon signing

Near term (90d)

  • Treasury Secretary to promulgate implementing regulations
  • Agencies to take appropriate measures to carry out order

Long term

  • Recurring congressional reports on national emergency
  • Potential indefinite continuation of sanctions regime

Risks & tensions

  • EO explicitly bridges gap between TWEA termination and continued IEEPA-based sanctions, creating potential legal ambiguity about scope of authorities
  • Reference to 'forthcoming proclamation' that was not yet issued at time of signing creates temporal dependency
  • Property blocking based on June 16, 2000 baseline date requires historical record-keeping accuracy
  • Vague 'appropriate measures' directive to agencies in Section 5 allows wide implementation discretion
  • No sunset clause or review mechanism specified; emergency could extend indefinitely
Executive Order 13466: Continuing Certain Restrictions With Respect to North Korea and North Korean Nationals · Executive Orders