Latest News
[Satellite TODAY 12-10-10] U.S. President Barack Obama unveiled proposals to speed the progress of export control modernization and revise the U.S. Munitions List (USML) and Commerce Control List, Aerospace Industries Association (AIA) announced Dec. 9.
The initiatives, revealed at a meeting of the President’s Export Council chaired by Boeing President and CEO James McNerney, will attempt to revise export controls on military vehicles through proposals to eliminate commerce-licensing requirements for low sensitivity, dual-use exports to U.S. allies. The proposals also include the establishment of a consolidated list of entities that require extra scrutiny by U.S. companies before exporting.
“We welcome the administration’s continued interest and attention on streamlining and strengthening the U.S. export control process,” AIA CEO Marion Blakey said in a statement. “The current export control system has not changed to meet the needs of our warfighters or kept up with the pace of technological change. … Rationalizing these technology lists will support our national security interests by bolstering our security partners and strengthening the global competitiveness of the U.S. high technology industrial base.”
Get the latest Via Satellite news!
Subscribe Now