[Federal Register Volume 73, Number 205 (Wednesday, October 22, 2008)]
[Notices]
[Pages 62951-62952]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-25180]


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DEPARTMENT OF COMMERCE

Bureau of Industry and Security


Meeting With Interested Public on the Proposed Rule: Export 
Administration Regulations: Establishment of License Exception Intra-
Company Transfer (ICT)

ACTION: Notice.

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SUMMARY: The Bureau of Industry and Security (BIS) will hold a public 
meeting on October 27, 2008 for those companies, organizations, and 
individuals that have an interest in learning about the new license 
exception entitled ``Intra-Company Transfer (ICT)'' that would be 
established under the Export Administration Regulations (EAR) as 
presented in the proposed rule published in the Federal Register on 
October 3, 2008. U.S. Government officials will explain the amendments 
to the EAR proposed in the rule and answer questions from the public.

DATES: The meeting will be held on October 27, 2008 at 9 a.m.

ADDRESSES: The meeting will be held at the U.S. Department of Commerce, 
Herbert C. Hoover Building, Room 4830, 14th Street between Pennsylvania 
Avenue and Constitution Avenue, NW., Washington, DC.

FOR FURTHER INFORMATION CONTACT: For questions related to this notice, 
contact Yvette Springer, Office of Technology Evaluation; Telephone: 
202-482-2813; e-mail: [email protected]. For questions related to 
the proposed rule setting forth the ICT license exception, contact 
Steven Emme, Regulatory Policy

[[Page 62952]]

Division; Telephone: 202-482-2440; e-mail: [email protected].
    Status: This meeting will be open to the public. A limited number 
of seats will be available for the meeting. Reservations are not 
accepted. The meeting will be accessible via teleconference to 20 
participants on a first come, first served basis. To join the meeting, 
submit inquiries to Yvette Springer at [email protected] no later 
than October 23, 2008.

SUPPLEMENTARY INFORMATION:

Background

    On January 22, 2008, the President announced a package of 
directives to ensure that the export control policies and practices of 
the United States support the National Security Strategy of 2006, while 
facilitating the United States' continued international economic and 
technological leadership. In addition, the Deemed Export Advisory 
Committee (DEAC) recently undertook a comprehensive examination of the 
national security, technology, and competitiveness aspects of the 
deemed export rule and presented its findings to the Secretary of 
Commerce in December 2007. The DEAC concluded that the deemed export 
rule, ``no longer effectively serves its intended purpose and should be 
replaced with an approach that better reflects the realities of today's 
national security needs and global economy.'' Among its 
recommendations, the DEAC proposed that BIS create a category of 
``Trusted Entities'' that voluntarily elect to qualify for streamlined 
treatment after meeting certain criteria. Further, the DEAC recommended 
that these ``Trusted Entities'' include subsidiaries located abroad so 
that individuals and ideas could move within the company structure 
without the need for separate deemed export licenses.
    In response to the President's directives on U.S. export control 
reforms and the DEAC's recommendations on deemed export controls, BIS 
published a proposed rule that would create a license exception for 
intra-company transfers.
    The proposed rule would amend the Export Administration Regulations 
(EAR) to establish a new license exception entitled ``Intra-Company 
Transfer (ICT).'' Pursuant to ICT, an approved parent company and its 
approved wholly-owned or controlled in fact entities to export, 
reexport, or transfer (in-country) many items on the Commerce Control 
List among themselves for internal company use. Prior authorization 
from BIS would be required to use the license exception, and certain 
terms and conditions would apply. The proposed rule describes the 
criteria pursuant to which entities would be eligible to use License 
Exception ICT and the procedure by which they must apply for ICT 
authorization.
    The purpose of the public meeting is for U.S. Government officials 
to explain the amendments to the EAR proposed in the rule and answer 
questions from the public. This effort is intended to assist the public 
submit helpful comments on the rule to BIS by the November 17, 2008 
deadline.

    Dated: October 16, 2008.
Christopher R. Wall,
Assistant Secretary for Export Administration.
[FR Doc. E8-25180 Filed 10-21-08; 8:45 am]
BILLING CODE 3510-33-P