WORLD : Bush Extends Libyan Sanctions
President Bush informed Congress today he is extending economic sanctions imposed on Libya four years ago because he has determined that Moammar Kadafi’s government still poses a threat to U.S. national security.
“The policies and actions of the government of Libya continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States,” Bush said in a statement required by law every six months.
“I shall continue to exercise the powers at my disposal to apply economic sanctions against Libya as long as these measures are appropriate,” he said.
Former President Ronald Reagan imposed the sanctions in January, 1986, to punish Libya for its alleged support of terrorism.
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