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For Immediate Release
Office of the Press Secretary
July 18, 2006

Memorandum for the Secretary of State

SUBJECT: Assignment of Reporting Functions Related to Russian Debt Reduction for Nonproliferation

By the authority vested in me as President by the Constitution and laws of the United States, including section 301 of title 3, United States Code, and section 1321 of the Foreign Relations Authorization Act, Fiscal Year 2003 (Public Law 107-228) (the "Act"), I hereby assign to you the functions of the President under section 1321 of the Act.

You are authorized and directed to publish this memorandum in the Federal Register.

GEORGE W. BUSH

# # #


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