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News Commerce Department Implements New Export Control Rule to Enhance National Security and Facilitate Trade
Commerce Department Implements New Export Control Rule to Enhance National Security and Facilitate Trade Print E-mail

On June 16, U.S. Commerce Secretary Gary Locke announced the next step in President Obama’s export control reform (ECR) initiative aimed at strengthening U.S. national security and ensuring the competitiveness of American companies abroad. The Department will implement a new license exception, Strategic Trade Authorization (STA), which will facilitate exports between the United States and partner countries while enhancing the competitiveness of key industrial base sectors.

Items such as electronic components for use on the International Space Station, cameras for search and rescue efforts for fire departments, components for civil aviation navigation systems for commercial aircraft, airport scanners, and toxins for vaccine research will be eligible for the new license exception. At the same time, the license exception establishes new safeguards designed to ensure Department of Commerce approval is obtained before controlled items exported under the exception are re-exported outside of authorized destinations.

 

For more details on this development Click Here

 

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