Exports to the Republic of Korea (South Korea): General License GCT, Permissive Reexports From the Republic of Korea to the People's Republic of China, Permissive Reexports From COCOM Participating and Fully Cooperating Countries, Permissive Reexports to COCOM Participating Countries, and Higher Level Computers Under the Distribution License Procedure

Resumen

As part of the Department of Commerce initiative to streamline export licensing requirements for exports to countries that are demonstrating increased ability to safeguard reexports of U.S.-origin strategic goods and technology, the Bureau of Export Administration (BXA) is extending to the Republic of Korea (South Korea) additional export licensing benefits available under the provisions of section 5(k) of the Export Administration Act of 1979, as amended (EAA). The Republic of Korea currently enjoys General License GCG and shorter processing times for license applications. This action will lessen the administrative burden on U.S. exporters and their foreign customers.