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« Back to articles from category "Business Management"

The following article was published in our article directory on December 13, 2010.
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United States Announced Export Control New Regulations

Article Category: Business Management

Author Name: xia zihui

Barack Obama in the December 9 at the "President's Export Council" (PEC) announced the new U.S. export control regulations (EAR) contents of the draft, the draft followed them into the 60-day public notice period. Bill by the U.S. State Department and Commerce Department as part of their preparation, involving control lists and licensing policies produced. This is the U.S. government 5 years to achieve the export goal of doubling and job creation one of the measures taken.

The draft prepared by the U.S. State Department with tanks and military vehicles category, for example, developed a need to re-export control list of military products and technologies. New list item is only 26% of the original list of such products and technologies to ensure that areas of the U.S. military or intelligence has an important advantage. The remaining 74% of the products will be transferred to the relatively flexible within the jurisdiction of the EAR. By then, most of the products transferred to the EAR and the technology will be required to apply for export licenses.

U.S. Commerce Department dual-use products and technologies developed for the new license policy. Export control list of goods and technology exports to the United States the existing four multilateral export control system of the Member States and NATO do not need to apply for a permit to facilitate the United States and its allies and partners in trade.

Meanwhile, in order to prevent these sensitive products and technology without U.S. government authorization, the second export to other countries, will implement new security measures, including the destination control statement and the recipient statements.

The day of the meeting, the White House also introduced export control reform to move pages, for the first time by the various government departments, the current export control list management summary together for enterprises, especially small and medium enterprises to facilitate compliance with export control regulations.

Current U.S. export control system formed in the Cold War. The business community complained that this system has been behind the times, is not conducive to U.S. companies compete globally. This year in August, Obama announced that the U.S. export control reform move, then organize a number of government departments to consider export control policy. Deliberations of the United States needs a fundamental reform of existing policies, can only cope with security challenges, reflecting changes in world economic and technological realities, and enhance the global competitiveness of U.S. companies.

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