The Secretary of State, shall revise the Export Administration

Regulations under subchapter C of chapter VII of title 15, Code of

Federal Regulations, to strictly limit the transfer or export by any

United States person of any advanced technology described in subsection

(b) to any person in the Russian Federation or any citizen of the

Russian Federation.

(b) Advanced Technology Described.--Advanced technology described

In this subsection is advanced technology that--

(1) is developed or controlled by a United States person

And is not available from a person that is not a United States

Person; and

(2) relates to the discovery, exploration, or extraction of

Onshore or offshore oil or natural gas deposits, including the

Discovery, exploration, or extraction of oil or natural gas

Deposits in shale.

(c) Limited Exception.--The President may authorize a transaction

For the transfer or export by a United States person of an advanced

Technology described in subsection (b) if the President determines that

Such authorization is in the national security interests of the United

States.

(d) Duration of Regulations.--The prohibition under subsection (a)

Shall remain in effect until such time as the President--

(1) determines that such regulations are no longer

Warranted or appropriate; and

(2) submits a notification of and justification for that

Determination to--

(A) the Committee on Foreign Relations, the

Committee on Appropriations, and the Committee on

Energy and Natural Resources of the Senate; and

(B) the Committee on Foreign Affairs, the Committee

On Appropriations, and the Committee on Energy and

Commerce of the House of Representatives.

(e) Regulatory Authority.--The President shall issue such

Regulations, licenses, and orders as are necessary to carry out this

Section.

Date: 2015-09-18; view: 260; Нарушение авторских прав