This declaration, made under the International Emergency Economic Powers Act (IEEPA), allows the export control system established by the EAA to remain in effect for another year, even though the EAA has technically expired.
The EAA has been lapsed since 2001, and has required emergency extensions of authority since then. A more permanent solution has been difficult to reach due to disagreements over how to shape a new export control system.
For example, industry groups have sought to lower controls on items that can easily be found in the market, and argue that commodity goods need to be exported more freely in order to help U.S. companies generate the profits needed to stay ahead technologically. But national security-minded members of Congress have argued that reform needs to focus on redoubling efforts to ensure certain technologies are kept out of the hands of some governments.