DetDeterminationClinton · D Quiet signal

Presidential Determination

Presidential Determination on Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act

President Clinton extended for one year the exercise of certain authorities under the Trading With the Enemy Act, continuing economic sanctions regulations administered by the Treasury Department that were scheduled to expire on September 14, 1999. The determination applies to the Foreign Assets Control Regulations, Transaction Control Regulations, and Cuban Assets Control Regulations.

Impact dates

  1. Continued authorities expire unless extended again

  2. Scheduled termination of authorities; continuation takes effect

Key directives

  • Continue exercise of Trading With the Enemy Act authorities for 1 year until September 14, 2000
  • Apply continuation to Foreign Assets Control Regulations (31 CFR part 500), Transaction Control Regulations (31 CFR part 505), and Cuban Assets Control Regulations (31 CFR part 515)
  • Secretary of the Treasury to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Continuation of sanctions authorities takes effect September 14, 1999

Near term (90d)

  • Federal Register publication by Treasury Secretary

Long term

  • Sanctions authorities remain in force through September 14, 2000

Risks & tensions

  • Annual renewal mechanism creates procedural uncertainty for sanctions compliance
  • Continuation of Cuban sanctions during period of evolving U.S.-Cuba policy debate
  • Text does not specify which countries are 'applicable countries' beyond Cuba reference
Presidential Determination: Presidential Determination on Continuation of the Exercise of Certain Authorities Under the Trading With the Enemy Act · Executive Orders