Manufacturers support creation of export control entity.
Press Release Summary:
According to Frank Vargo, NAM VP for International Economic Affairs, NAM is pleased with announcement to create single entity to administer export controls and believes that this will better equip U.S. to protect national security, strengthen defense industrial base, and double exports over next 5 years. Manufacturers are also encouraged that Administration is moving forward on phases one and two, which include creation of new control criteria, licensing processes, and control lists.
Original Press Release:
Manufacturers Support Creation of Export Control Entity
New Single Entity Is Critical To National Security and Expanding Exports
WASHINGTON, D.C., - The National Association of Manufacturers (NAM) Vice President for International Economic Affairs Frank Vargo issued a statement today following National Security Advisor General James Jones' announcement of a new single entity to administer export controls:
"The NAM is pleased with today's announcement to create a new single entity to administer export controls and believes this will better equip the United States to protect national security, strengthen the defense industrial base and double exports over the next five years. However, it is critical that the implementation of this new entity include a workable transition plan as well as completion of phases one and two of the Administration's reform initiative. The NAM was alone in advocating for a new independent entity to administer export controls as part of our "Blueprint for Building a 21st Century Export Regime."
Manufacturers also are encouraged that the Administration is moving forward on phases one and two, which include the creation of new control criteria, licensing processes and control lists. We look forward to continuing to work with the Administration and Congress on ways to make additional improvements to enhance national security and expand our exports."
The National Association of Manufacturers is the nation's largest industrial trade association, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers, visit www.nam.org.
