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VEU program fully implemented

Jan 15, 2009 Logistics


The U.S. Commerce Department’s Bureau of Industry and Security said Tuesday it has fully implemented the Validated End-User program for China.



With agreement on procedures to ensure the program’s secure and efficient operation, BIS said the civilian U.S.-China high-technology trade will benefit from continued export of certain products to VEU-approved companies without individual Commerce Department export licenses.



BIS said it designed the VEU program to “facilitate civilian trade by reducing administrative and logistical hurdles for certain exports to pre-screened companies in China.” BIS is responsible for enforcing federal regulations for “dual-use” exports, or U.S.-made technologies and products with both commercial and military applications. 



“This agreement will maximize the security and trade-enhancing benefits of the VEU program, and continue a promising chapter in civilian U.S.-China high technology trade,” said Commerce Undersecretary Mario Mancuso, in a statement. “U.S. exporters now have a more streamlined way to export to companies in China who have a record of using U.S. technology responsibly.”



The VEU program was launched in 2007. The program allows civilian companies in China, who must pass a rigorous national security review and agree to strict follow-on compliance obligations, to receive under a VEU-specified authorization the same U.S.-controlled items they could previously receive under individual Commerce Department licenses, BIS said.




Source: American Shipper



 
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