WASHINGTON, March 8 (Xinhua) -- The Obama administration on Friday announced steps to simplify the outdated export control system to make it easier for U.S. companies to sell parts for aircraft and gas turbine engines.
U.S. President Barack Obama on Friday issued an executive order to streamline export authorization process for thousands of parts and components used for aircraft and gas turbine engines.
Under the current rules, items on the U.S. Munitions List are under the strict control of the U.S. State Department. Everything on the Munitions List is controlled equally, whether an F-18 fighter or a bolt used on the F-18 fighter.
The new rules take those less sensitive items off U.S. Munitions List and hand authority for controlling them to U.S. Commerce Department, which normally has a more flexible approval process.
The changes aimed at relaxing export control on less sensitive items and improve U.S. manufacturers' competitiveness, as job creation was the top priority of the administration.
"Rebuilding our export control lists and moving less sensitive items from the State to the Commerce list will provide us the flexibility to more efficiently equip and maintain our partner's capabilities while allowing us to focus on preventing potential adversaries from acquiring military items that they could use against us," noted the order.