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Business/Financial

Lawmaker Asks If Obama Plan Would Spur Unwanted Exports

Julie Samuel

Wednesday, February 8th, 2012

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A senior lawmaker questioned yesterday if the Obama administration’s proposal to loosen rules for the export of some military equipment could result in U.S. equipment unintentionally ending up in China. At issue is the administration’s multipronged export-control-reform initiative, unveiled in April 2010, which calls from moving some defense articles on the State Department’s U.S. Munitions List (USML) to the Commerce Department’s more-flexible Commerce Control List (CCL), with an ultimate plan to create one unified list and single licensing agency. The…

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