Termination of Emergency Authority for Certain Export Controls

This executive order revokes Executive Order 12924 and rescinds the declaration of economic emergency that had kept export control regulations in effect under the International Emergency Economic Powers Act (IEEPA). However, all existing export control rules, regulations, and administrative actions remain in force under the newly reauthorized Export Administration Act of 1979 or other appropriate authority.

Federal Register Open PDF 66 FR 18397

Key directives

Revoke Executive Order 12924 of August 19, 1994
Rescind declaration of economic emergency
Preserve all existing export control regulations, rules, licenses, and administrative actions as if issued under the Export Administration Act of 1979 or other appropriate authority
Preserve IEEPA-based rules relating to section 38(e) of the Arms Export Control Act until amended or revoked

Timeline

Immediate

Revocation of EO 12924
Rescission of economic emergency declaration
All existing export control regulations remain in force under new statutory authority

Near term (90d)

—

Long term

Continued operation of export control system under reauthorized Export Administration Act rather than emergency authority

Risks & tensions

Legal continuity risk: Transition from emergency to statutory authority creates potential litigation over validity of existing regulations
Regulatory overlap: Preservation of IEEPA-based rules for Arms Export Control Act matters alongside other authorities may create administrative complexity
No explicit sunset for preserved rules: Regulations remain until actively amended or revoked by 'proper authority,' leaving timing uncertain