Monday, January 20, 2003
United States Secretary of Commerce Don Evans announced earlier this week (January 14, 2003) that the Bush administration has relaxed controls on U.S. exports of general purpose microprocessors.
Evans said exporters would need a U.S. Department of Commerce export license only for such microprocessors destined for terrorist countries or for military uses in countries posing national-security concerns.
The new regulation implements a decision taken previously by the Wassenaar Arrangement, a voluntary multi-lateral export-controls group.
“This rule furthers the President's commitment to streamline and strengthen the U.S. export control system," said Evans, in a statement. "This regulatory change is necessary to ensure that U.S. industry can compete on a level playing field in the growing international market for microprocessors while protecting vital U.S. national security interests.”
The regulation was developed by the Commerce Department's Bureau of Industry and Security (BIS) in consultation with and approved by the Departments of State and Defense.
By: DocMemory
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