ACCESSION NUMBER:231515
FILE ID:EC-205
DATE:06/16/92
TITLE:ECONOMIC HIGHLIGHTS, TUESDAY, JUNE 16 (06/16/92)
TEXT:*92061605.ECO ecohilites:missiles EXP CONTROLS ODESSEY/te
ECONOMIC HIGHLIGHTS, TUESDAY, JUNE 16
(Export controls) (240)
21 COUNTRIES SUBJECT TO EXPORT CONTROLS ON MISSILES
Washington -- The Department of Commerce has listed 21 countries, most in
the Middle East and South Asia, subject to U.S. export controls intended to
prevent proliferation of missile technology.
A regulation announced June 15 requires special licenses for any proposed
U.S. exports that the exporter knows would be used by these countries for
developing missiles.
Also, U.S. persons need a validated Commerce license to provide any kind of
assistance to any of the countries' missile programs, including financing,
insuring, shipping and brokering.
The countries listed are Brazil, China, India, Iran, North Korea, Pakistan,
South Africa and the entire Middle East: Bahrain, Egypt, Iraq, Israel,
Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Syria, the
United Arab Emirates and Yemen.
"Exporters need to take special care in doing business in certain regions
and countries to avoid participating in or contributing to missile-related
activities," Joan McEntee, acting under secretary of commerce, said in a
written statement.
"While this list will be used for export licensing purposes, it should not
be viewed as a sanction against foreign countries," she said.
The regulation takes effect June 16 upon publication in the Federal
Register.
Under President Bush's 1991 Enhanced Proliferation Control Initiative, the
Commerce Department already restricts exports and activities of U.S.
residents that might lead to proliferation of biological, chemical and
nuclear weapons.
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