- Afghanistan
- Africa
- Budget Management
- Defense
- Economy
- Education
- Energy
- Environment
- Global Diplomacy
- Health Care
- Homeland Security
- Immigration
- International Trade
- Iraq
- Judicial Nominations
- Middle East
- National Security
- Veterans
more issues
|
Home >
News & Policies >
September 2003
|
Printer-Friendly Version
Email This Page
For Immediate Release
Office of the Press Secretary
September 19, 2003
Presidential Letter
Text of a Letter from the President to the Speaker of the House of Representatives and the President of the Senate
Dear Mr. Speaker: (Dear Mr. President:)
Attached is a classified report on my decision to take no action to suspend or prohibit the proposed 61.5 percent investment by Singapore Technologies Telemedia Pte. Ltd., a company indirectly owned by the Government of Singapore, in Global Crossing Ltd. I have taken this decision under the authority vested in me as President by section 721 of the Defense Production Act of 1950, also known as the "Exon-Florio" provision, 50 U.S.C. App. 2170. This report, prepared by my Administration, is submitted consistent with subsection (g) of that provision.
Sincerely,
GEORGE W. BUSH
# # #
