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OMB Approves BIS Final Rule on STA License Exception

The Office of Management and Budget has approved the Bureau of Industry and Security's final rule entitled: "Export Control Modernization: Strategic Trade Authorization License Exception." (See ITT's Online Archives or 03/23/11 news, 11032308, for BP summary of a BIS official's…

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statement that this final rule is expected to be narrower and to include fewer countries than proposed.)