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India Should Be Member of Multilateral Export Control Regimes: US

Thursday, 25 April 2013, 05:52 Hrs   |    1 Comments
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Chabot wanted to know what progress had been made by India and the U.S. in this issue.



Kelly was recently in India as part of a defence delegation to talk about how the two countries can bring their defence relationship to another level.



During the Congressional hearing, Congressman Ed Royce, Chairman of the House Foreign Relations Committee said that the current export control regime is outdated and needs to be fixed.



The Obama Administration has begun a process to change the export control regime.



"The goal of that reform effort is to better tailor U.S. export controls to our national security interests.



"These interests include helping our industries shed needless bureaucracy and compete in the global marketplace in strengthening our economy," Royce said.



"Indeed, this reform will affect a broad swath of American business including the defence industry, aerospace, the commercial satellite and space industry, electronics,



semiconductors and communications technology.



"The goal is a more transparent and a more efficient system," Royce said.



Ranking member Congressman Eliot Engel said that the President's Export Reform Initiative will make a number of improvements to the system including having an enforcement coordinator to coordinate Commerce and State, IT improvements to allow easier submission and processing applications, and a single electronically available list of proscribed entities ineligible for exports, which has been made available.



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Source: PTI
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Reader's comments(1)
1: why no developed nation like to make the same type of statement about India's UN permanent membership. this shows no one want to share the power but like to insist upon....
Posted by:pnrk - 25 Apr, 2013
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