Obama extends national emergency against N Korea by a year

US President Barack Obama has extended America`s national emergency against the country for another year.

Washington: Arguing that North Korea
continues to pose nuclear proliferation risk, US President
Barack Obama has extended America`s national emergency against
the country for another year.

The national emergency against North Korea was first
declared on June 26, 2008.

"Because the existence and the risk of proliferation of
weapons-usable fissile material on the Korean Peninsula
continue to pose an unusual and extraordinary threat to the
national security and foreign policy of the US, the national
emergency declared on June 26, 2008 and the measures adopted
on that date to deal with that emergency, must continue in
effect beyond June 26, 2010," the White House said in a
statement.

"On June 26, 2008, by Executive Order 13466, the
President declared a national emergency pursuant to the
International Emergency Economic Powers Act (50 USC 1701-1706)
to deal with the unusual and extraordinary threat to the
national security and foreign policy of the US constituted by
the current existence and risk of the proliferation of
weapons-usable fissile material on the Korean Peninsula," a
White House statement said.

"The President also found that it was necessary to
maintain certain restrictions with respect to North Korea that
would otherwise have been lifted pursuant to Proclamation 8271
of June 26, 2008, which terminated the exercise of authorities
under the Trading With the Enemy Act (50 USC App 1-44) with
respect to North Korea," it said.

PTI

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