Visit Our Sponsors
The Aerospace Industries Association welcomed the Obama administration's proposed rule to relieve low-risk technology exports of burdensome and unnecessary restrictions.
"For years the U.S. export control system has created confusion and delay in exporting defense equipment to our allies and driven up compliance costs across the industrial base," said AIA President and Chief Executive Officer Marion C. Blakey, in a statement. "These reforms are common sense ways of supporting our military partners and our export competitiveness."
The rule proposes that after appropriate interagency review and consensus, technologies with low or no military or intelligence sensitivity will be moved off of the U.S. Munitions List to the Commerce Control List. Exports of these technologies to key military allies and partners -- especially if previously approved -- may be eligible for more flexible Commerce license exemptions. In addition, end items, parts and components that are not "specially designed" for the military will now be subject to the same export control requirements as their commercial market equivalents.
Read Full Article
Enjoy curated articles directly to your inbox.