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The quadripartite Committee's report (involving the Defence, Foreign Affairs, International Development, and Trade and Industry Committees) examines the Government's proposals for improvements to the regulatory system under the Export Control Act 2002. It identifies a number of aspects in which the current proposals could be made more visionary and less bureaucratic, in the light of concerns raised both by industry and by non-governmental organisations. The legislation needs to be targeted effectively towards deterring the irresponsible proliferation of military equipment, whilst ensuring that the competitiveness of legitimate and responsible British exporters is not inhibited by excessive bureaucracy. Findings of the Committee include criticism for the inadequacy of proposals for a limited extension of extra-territorial jurisdiction and for the potentially burdensome implications of record-keeping methods. The Committee calls for further thought to be given to these matters, as well as the need for greater flexibility to control activities such as electronic communications and brokering.
Genre: Business & Economics / General (fancy, right?)
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