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

Defense & Security Trade Economy & Labor

In simple terms

This notice continues for one year a national emergency first declared in 1995 regarding significant narcotics traffickers centered in Colombia. The emergency powers block property of designated traffickers and their supporters and prohibit U.S. persons from transacting in such property.

Federal Register Open PDF 70 FR 61209

Record & deadlines

Oct 19, 2005Signed
Signed by the President
Oct 20, 2005FR published
Published in the Federal Register · 70 FR 61209
Federal Register PDF
Oct 21, 2006
Continued national emergency expires unless renewed

Key directives

Continue national emergency for 1 year beyond October 21, 2005
Publish notice in Federal Register
Transmit notice to Congress
Maintain blocking of property and interests in property of designated foreign persons
Maintain prohibition on transactions by U.S. persons in blocked property

Related orders

What to expect

Immediate

Continuation of blocking sanctions takes effect upon publication
Property blocking and transaction prohibitions remain active

Near term (90d)

Federal Register publication required
Transmittal to Congress required

Long term

Emergency expires October 21, 2006 unless renewed again

Risks & tensions

Routine annual renewal with minimal policy review or debate
Perpetual emergency status normalizes extraordinary economic powers
Potential overreach affecting innocent third parties in financial transactions