Export Initiative Means New Opportunities, Vast Rules

By Ryan Davis

Law360, New York (March 04, 2010, 6:37 PM ET) -- With the Obama administration launching an initiative aimed at doubling U.S. exports within five years, many companies could soon be exporting products and services for the first time. In order to ensure that new business opportunities are not offset by government fines, companies shipping overseas need to pay close attention to complex U.S. export control laws, lawyers said.

President Barack Obama announced the National Export Initiative in his State of the Union address in January, and U.S. Department of Commerce Secretary Gary Locke outlined details of...
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