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Admin’s Export-Control Bill Imminent

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The Obama administration is poised to propose legislation that would create a new export-control licensing entity, a senior official said recently. The draft bill, if approved by Congress, would bring about the third and final aspect of the export-control reforms President Barack Obama set in motion in August 2009. Michael Froman, deputy assistant to the president and deputy national security adviser for international economic affairs, said recently in Washington that the draft legislation is "nearly ready to go." No concrete…

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