Statement by the Press Secretary

Today, the President extended the authority for Department of Commerce-administered export controls. In addition, the President has directed that the NEC/NSC launch a broad-based interagency process for reviewing the overall U.S. export control system, including both the dual-use and defense trade processes. The aim of the review is to consider reforms to the system to enhance the national security, foreign policy, and economic security interests of the United States. The US has one of the most robust export control systems in the world. But, it is rooted in the Cold War era of over 50 years ago and must be updated to address the threats we face today and the changing economic and technological landscape.