Daily News logo Newsletter logo   Search News    

AIAA Applauds Administration's Export Control Reform

  Share This Story

RESTON, Va. - (BUSINESS WIRE) - The American Institute of Aeronautics and Astronautics (AIAA) applauds the Obama Administration's recently announced reforms to national export control policies. The changes made to the International Traffic in Arms Regulations (ITAR) will streamline the technology export process for America's aerospace and related component manufacturers, allowing them to compete more fairly in the world market.

AIAA President Mark Lewis stated: "AIAA applauds President Obama's recently announced changes to the ITAR policy that will consolidate the export review process under one agency, and will better enable the flow of U.S. products into the international marketplace without compromising national security."

Lewis continued: "Though well intentioned, existing ITAR regulations have sometimes stifled innovation in the U.S., and worked against national interests by encouraging foreign partnerships and creating competing industries overseas. AIAA appreciates the support of like-minded organizations, aerospace companies, and individual engineers and scientists in reaching out to the administration on this issue. In the end, I believe these reforms are a win for all who are concerned about the future of America's aerospace community, as they will help open new markets while actually strengthening our national defense. We look forward to continuing our work with the Administration on export control policy reform."

The changes create the Export Enforcement Coordination Center, which will use a single licensing process to review exports, rather than the current process under which exports are regulated by three oversight agencies with conflicting regulations. This will streamline approvals and provide more concise guidelines for product classification, so that up to two-thirds of existing products that ITAR now bars from trade will be allowed into the global marketplace. The reforms also consolidate all ITAR-related trade information into a single IT system, allowing more rapid communication between parties and further reducing the time needed for the review process. Industry experts estimate that the reforms will open up billions of dollars in trade for the American aerospace sector that existing restrictions had denied them.

AIAA is the world's largest technical society dedicated to the global aerospace profession. With more than 35,000 individual members worldwide, and 90 corporate members, AIAA brings together industry, academia, and government to advance engineering and science in aviation, space, and defense. For more information, visit www.aiaa.org.

American Institute of Aeronautics and Astronautics (AIAA)
Duane Hyland, 703.264.7558
duaneh@aiaa.org



 
Support Wikipedia

NeswBlaze top writers

Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 129
2 .Go Social Film Magazine Partners with the San Jose Short Film Festival to Stream Official Selections Online to a Global Audience via iPad - 35
3 .Africa Oil Operations Update - 25
4 .Photos: Valkyrie MEDEVAC - 35
5 ."K-1 Rising 2012 - K-1 World Max Final 16 2012" Announces May 27 Pay-Per-View Ustream Channel - 26
6 .Oprah Winfrey Come Out of The Closet! Admit You're a Lesbian! - 22
7 .These 10 Comfortable Walking Shoes Are a Step in the Right Direction - 24
8 .WeDoRecover Expands Drug and Alcohol Treatment Centre Network with a New Partner Rehab Centre in Durban, South Africa That Will Focus on Upmarket South African and UK, English Patients - 22
9 .F-Secure Protection Service for Business Now Protects Mobile Devices Too - 20
10 .Lindsay Lohan Tries To Look Sophisticated! - 18
Updated: 14:59 PDT     2841

NewsBlaze Editors

editors

NewsBlaze Writers

news writer images

Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace NewsBlaze Fan Page NewsBlaze StumbleUpon NewsBlaze Political Cartoons NewsBlaze Editorial Cartoons
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room