Secretary Locke Proposes Reforms to Export Controls System During Speech at BIS Update Conference

In a speech today during the the Bureau of Industry and Security’s Update Conference on Export Controls, Commerce Secretary Locke announced that he has proposed that the Commerce Department, working with other government agencies, immediately explore pursuing two reforms that will "provide substantial relief" to U.S. exporters while strengthening U.S. national security and foreign policy interests:

• Eliminating dual-use export license requirements for allies and partner nations;
• Implementing a fast-track procedure for the review of dual-use export licenses for other key allies.

While the first of these proposed changes will require amendments to the Export Administration Regulations, the second proposed change may be able to be implemented fairly quickly. Stay tuned.

The full text of Secretary Locke's speech can be found here.

Click here to view the live Twitter feed from some of today's Update sessions.