On June 23, 2016, the Federal Register published Presidential Notice of June 21, 2016 - Continuation of the National Emergency With Respect to North Korea which extends for an additional year the national emergency first declared in Executive Order (EO) 13466 (June 26, 2008), to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States constituted by the existence and risk of proliferation of weapons-usable fissile material on the Korean Peninsula. 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 U.S.C. App. 1-44) with respect to North Korea.
Additional steps were taken in EOs 13551 (August 30, 2010), 13570 (April 18, 2011), 13687 (January 2, 2015), 13722 (March 15, 2016). The national emergency is being extended because the existence and risk of proliferation of weapons-usable fissile material on the Korean Peninsula and the actions and policies of the Government of North Korea continue to pose an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States.