Export Control Reforms Coming, Top Priority for Manufacturers

By December 8, 2010Regulations, Technology, Trade

Bloomberg’s Mark Drajem previews tomorrow’s announcement by President Obama, “Obama Proposes Easing Export Controls on Europe, Japan, Canada“:

The Obama administration proposed easing controls on the export of technology items that may be used for military purposes to 37 allies, including Canada, Japan, Germany and France.

In a rule set to be published tomorrow, the Commerce Department asked U.S. industry groups to review its plans to ease limits on sales for a number of products. Commerce Secretary Gary Locke proposed eliminating export controls for sales to close allies a year ago, and has pushed to get the rules released.

“Conceptually this is a very important move forward,” said Catherine Robinson, the director for high-technology trade policy at the National Association of Manufacturers…

The Milken Institute in January released a report sponsored by the NAM, “Jobs for America: Investments and policies for economic growth and competitiveness.” Modernizing export controls was a key recommendation:

Modernizing U.S. export controls could increase exports in high-value areas. By 2019, these policy adjustments could enhance real GDP by $64.2 billion (0.4 percent), create 160,000 manufacturing jobs, and heighten total employment by 340,000.

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