Continuation of Libya Emergency

-----------------------------------------------------------------------

Part III

The President

-----------------------------------------------------------------------

Notice of January 3, 2002--Continuation of Libya Emergency

___________________________________________________________________

Title 3--
The President

Notice of January 3, 2002

Continuation of Libya Emergency

On January 7, 1986, by Executive Order 12543, President
Reagan declared a national emergency to deal with the
unusual and extraordinary threat to the national
security and foreign policy of the United States
constituted by the actions and policies of the
Government of Libya. On January 8, 1986, by Executive
Order 12544, the President took additional measures to
block Libyan assets in the United States. The President
has transmitted a notice continuing this emergency to
the Congress and the Federal Register every year since
1986.

The crisis between the United States and Libya that led
to the declaration of a national emergency on January
7, 1986, has not been resolved. Despite the United
Nations Security Council's suspension of U.N. sanctions
against Libya upon the Libyan government's hand over of
the Pan Am 103 bombing suspects, Libya has not yet
complied with its obligations under U.N. Security
Council Resolutions 731 (1992), 748 (1992), and 883
(1993), which include Libya's obligation to accept
responsibility for the actions of its officials and pay
compensation.

Therefore, in accordance with section 202(d) of the
National Emergencies Act (50 U.S.C. 1622(d)), I am
continuing for 1 year the national emergency with
respect to Libya. This notice shall be published in the
Federal Register and transmitted to the Congress.

(Presidential Sig.)B

THE WHITE HOUSE,

January 3, 2002.