The Department of Commerce today took the first steps to implement the export control policy initiatives announced by President Obama and Indian Prime Minister Singh on November 8, 2010.
In February, Secretary Locke will lead 24 U.S. businesses on a high-tech trade mission to India. The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore.
Background BIS controls exports and re-exports of dual-use commodities, technology and software for reasons of national security, missile technology, nuclear non-proliferation, chemical and biological weapons non-proliferation, crime control, regional stability and foreign policy. Criminal penalties and administrative sanctions can be imposed for violations of the Export Administration Regulations. For more information, please visit www.bis.doc.gov
Source: U.S. Department of Commerce
