livingston
20×102mm Vulcan
Trump Admin Publishes New Regs that Would Streamline Export of Firearms
The Trump Administration has officially published a new proposal that would allow American firearms companies to export their products more easily.
The rule would transfer oversight of consumer gun exports from the State Department to the Commerce Department, saving gun companies the time and costs associated with acquiring a State Department license. Products that are “widely available in retail outlets” would move to the jurisdiction of Commerce, while products that are “inherently for military end use” would remain under State.
Lawrence Keane of the National Shooting Sports Foundation called the proposal “a significant positive development for the industry that will allow members to reduce costs and compete in the global marketplace more effectively, all while not in any way hindering national security.”
Right now, Ruger and Smith & Wesson generate less than five percent of their revenue via sales outside the U.S., according to the New York Times. But Keane believes that once the new regs are in place, exports for these companies could jump as much as 20 percent.
More at ...
Trump Admin Publishes New Regs that Would Streamline Export of Firearms - GunsAmerica Digest
The Trump Administration has officially published a new proposal that would allow American firearms companies to export their products more easily.
The rule would transfer oversight of consumer gun exports from the State Department to the Commerce Department, saving gun companies the time and costs associated with acquiring a State Department license. Products that are “widely available in retail outlets” would move to the jurisdiction of Commerce, while products that are “inherently for military end use” would remain under State.
Lawrence Keane of the National Shooting Sports Foundation called the proposal “a significant positive development for the industry that will allow members to reduce costs and compete in the global marketplace more effectively, all while not in any way hindering national security.”
Right now, Ruger and Smith & Wesson generate less than five percent of their revenue via sales outside the U.S., according to the New York Times. But Keane believes that once the new regs are in place, exports for these companies could jump as much as 20 percent.
More at ...
Trump Admin Publishes New Regs that Would Streamline Export of Firearms - GunsAmerica Digest
