; relating to classified national security information), or previous and successor executive orders or similar directives, or section 703. (5) Information The term information means any knowledge that can be communicated, or documentary material, regardless of its physical form or characteristics, that is owned by, is produced by or for, or is under the control of the United States Government. 703. Classification and declassification of information (a) In general The President may, in accordance with this section, protect from unauthorized disclosure any information owned by, produced by or for, or under the control of the executive branch of the Federal Government when there is a demonstrable need to do so in order to protect the national security of the United States. (b) Establishment of standards and procedures for classification and declassification (1) Governmentwide procedures (A) Classification The President shall, to the extent necessary, establish categories of information that may be classified and procedures for classifying information under subsection (a). (B) Declassification At the same time the President establishes categories and procedures under subparagraph (A), the President shall establish procedures for declassifying information that was previously classified. (C) Minimum requirements The procedures established pursuant to subparagraphs (A) and (B) shall— (i) provide that information may be classified under this section, and may remain classified under this section, only if the harm to national security that might reasonably be expected from disclosure of such information outweighs the public interest in disclosure of such information; (ii) establish standards and criteria for the classification of information; (iii) establish standards, criteria, and timelines for the declassification of information classified under this section; (iv) provide for the automatic declassification of classified records with permanent historical value