TEXT

By the authority vested in me as President by the Constitution
and the laws of the United States of America, including but not
limited to section 203 of the International Emergency Economic
Powers Act ("Act") (50 U.S.C. 1702), I WILLIAM J. CLINTON,
President of the United States of America, find that the
unrestricted access of foreign parties to U.S. goods, technology,
and technical data and the existence of certain boycott practices
of foreign nations, in light of the expiration of the Export
Administration Act of 1979, as amended (50 U.S.C. App 2401 et.
seq.), constitute an unusual and extraordinary threat to the
national security, foreign policy, and economy of the United
States and hereby declare a national emergency with respect to
that threat.

Accordingly, in order (a) to exercise the necessary vigilance
with respect to exports and activities affecting the national
security of the United States; (b) to further significantly the
foreign policy of the United States, including its policy with
respect to cooperation by U.S. persons with certain foreign
boycott activities, and to fulfill its international
responsibilities; and (c) to protect the domestic economy from
the excessive drain of scarce materials and reduce the serious
economic impact of foreign demand, it is hereby ordered as
follows:

Section 1.  To the extent permitted by law, the provisions of the
Export Administration Act of 1979, as amended, and the provisions
for administration of the Export Administration Act of 1979, as
amended, shall be carried out under this order so as to continue
in full force and effect and amend, as necessary, the export
control system heretofore maintained by the Export Administration
Regulations issued under the Export Administration Act of 1979,
as, amended.  The delegations of authority set forth in Executive
Order No. 12002 of July 7, 1977, as amended by Executive Order
No. 12755 of March 12, 1991; Executive Order No 12214 of May 2,
1980; Executive Order  No. 12735 of November 16, 1990; and
Executive Order No. 12851 of June 11, 1993, shall be incorporated
in this order and shall apply to the exercise of authorities
under this order.

Sec. 2. All rules and regulations issued or contained in effect
by the Secretary of Commerce under the authority of the Export
Administration Act of 1979 as amended, including those published
in Title 15, Subtitle B, Chapter VII, Subchapter C, of the Code
of Federal Regulations, Parts 768 through 799, and all orders,
regulations, licenses, and other forms of administrative action
issued, taken, or continued in effect pursuant thereto, shall,
until amended or revoked by the Secretary of Commerce, remain in
full force and effect as if issued or taken pursuant to this
order, except that the provisions of sections 203(b)(2) and 206
of the Act (50 U.S.C. 1702(b)(2) and 1705) shall control over any
inconsistent provisions in the regulations.  Nothing in this
section shall affect the continued applicability of
administrative sanctions provided for by the regulations
described above.

Sec. 3. Provisions for administration of section 38(e) of the
Arms Export Control Act (22 U.S.C. 2778(e)) may be made and shall
continue in full force and effect until amended or revoked under
the authority of section 203 of the Act (50 U.S.C. 1702).  To the
extent permitted by law this order also shall constitute
authority for the issuance and continuation in full force and
effect of all rules and regulations by the President or his
delegate, and all orders, licenses, and other forms of
administrative actions issued, taken, or continued in effect
pursuant thereto, relating to the administration of section
38(e).

Sec. 4. This order shall be effective as of midnight between June
30, 1994, and July 1, 1994, and shall remain in effect until
terminated.  It is my intention to terminate this order upon the
enactment into law of a bill reauthorizing the authorities
contained in the Export Administration Act.

                              /s/William J. Clinton


THE WHITE HOUSE,
June 30, 1994.