U.S. Commerce Secretary Gary Locke attended the President’s Export Council (PEC) meeting at the White House today, where he updated PEC members on the Commerce Department’s efforts to increase U.S. exports and help American businesses compete globally.
During the meeting, the president announced proposed regulations to reform the U.S. export control system and strengthen national security. The Commerce Department’s proposed regulations for dual-use items will facilitate more robust secure trade with our partners and allies while imposing new safeguards to ensure that sensitive items are not exported to other locations without U.S. government authorization.
In addition, the administration launched a new webpage at www.export.gov that will help small- and medium-sized business comply with U.S. export control requirements by consolidating, for the first time, the various screening lists maintained by different departments.
The President also reiterated the critical importance of export promotion in spurring job creation and economic growth in the U.S. For more information on the president’s announcement, please go to: http://bit.ly/hoSGZv.