On January 25, 2011, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a Final Rule amending the Export Administration Regulations (EAR) to implement the U.S.-India Bilateral Understanding issued by President Obama and Indian Prime Minister Singh on November 8, 2010.

The stated objectives of the Final Rule are to realign U.S. export policy toward India to reflect the strategic partnership between the two countries and to expand U.S.-India cooperation in civil space, defense, and other high-technology sectors. This effort is part of President Obama’s National Export Initiative to double exports within five years.

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