Korea Security Partnership Act

Bill: 113-hr-4665
Sponsor: full_name: Rep. Meng, Grace [D-NY-6]
Introduced: 2014-05-15
Policy area: International Affairs
Subjects: Asia

Computers and information technology

South Korea

Technology transfer and commercialization

Trade restrictions
Latest action: action_date: 2014-05-15
text: Referred to the House Committee on Foreign Affairs.

Summaries:
action_date: 2014-05-15
action_desc: Introduced in House
text: <p>Korea Security Partnership Act - Deems the Republic of Korea to be a &quot;favorable treatment country&quot; eligible for the export license exception for encryption commodities, software and technology under the Export Administration Regulations.</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 4665 IN THE HOUSE OF REPRESENTATIVES May 15, 2014 Ms. Meng introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To provide for the eligibility of the Republic of Korea for the license exception for encryption commodities, software and technology under the Export Administration Regulations.

1. Short title This Act may be cited as the Korea Security Partnership Act . 2. Eligibility of Republic of Korea for license exception for encryption commodities, software and technology under the Export Administration Regulations (a) Finding Congress finds that the Republic of Korea has adopted high standards in the field of export controls, and that it is a member of all four multilateral export control regimes: the Australia Group, the Missile Technology Control Regime, the Nuclear Suppliers Group, and the Wassenaar Arrangement. (b) License exception Effective beginning on the date that is 180 days after the date of the enactment of this Act, the Republic of Korea shall be deemed to be a country listed in Supplement No. 3 to part 740 of title 15, Code of Federal Regulations (relating to license exception for encryption commodities, software and technology (ENC) favorable treatment countries), or any successor to such Supplement, for purposes of carrying out part 740 of title 15, Code of Federal Regulations.