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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Arran Yuan who wrote (23985)	10/12/2007 6:41:28 AM
From: elmatador	Read Replies (1) \| Respond to of 217632

To avoid USD collapse, needs to narrow trade defciit. Need to export to cut the trade deficit. Narrowing of trade deficit lifts dollar ft.com

To: Arran Yuan who wrote (23985)	10/12/2007 6:42:30 AM
From: elmatador	Respond to of 217632

U.S. streamlines high-tech export controls on India. need to export more, to cut trade defcit and avoid USD collapse. U.S. streamlines high-tech export controls on IndiaWed Oct 3, 2007 3:04am IST Email \| Print \| Digg \| Single Page[-] Text [+] 1 of 1Full SizeWASHINGTON (Reuters) - U.S. exporters of high-tech goods with potential military uses will no longer need an individual license to sell to certain trusted Indian buyers, the U.S. Commerce Department said on Tuesday. The new "validated end-user" program recognizes the progress India has made over the past six years in developing an effective export control system, and opens the door for million of dollars of increased U.S. sales in sectors such as electronics, avionics, aerospace and life science, U.S. Commerce Secretary Carlos Gutierrez said in a statement. "This common-sense approach will make it easier for U.S. companies to sell American products to pre-screened customers in India, while maintaining vigilance over U.S. technologies" that could be used to build weapons of mass destruction or in other military applications, Gutierrez said. The percentage of U.S. exports to India requiring an export control license already has fallen to less than one percent, from 24 percent in 1999, because of increased cooperation between the two countries, the Commerce Department said. The new program builds on that progress by allowing license-free exports to authorized companies in India with a record of responsibly using sensitive U.S. technology, the Commerce Department said.