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US Moves to Increase Arms Exports

HeadlineJul 30, 2010

The McClatchy Newspapers reports the Obama administration has begun modifying export control regulations in an attempt to increase the US share of the global arms sales market. The United States already supplies about 30 percent of the world’s arms. Obama is asking Congress to streamline the bureaucratic process for approving arms sales by setting up a single new agency to oversee the exporting of weapons. Critics say decontrolling weapons systems could fuel regional arms races and allow technology to fall into the wrong hands.

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