The administration of United States President, Donald Trump, is preparing an executive order to ease regulations on the export of military equipment, and it could be announced as soon as Tuesday or Wednesday, according to sources familiar with the discussions.
These sources, which include both government and industry individuals, indicate that the order will be similar to the legislation proposed last year by Michael Waltz, Trump's national security advisor, when he was a Republican member of the House of Representatives.
Waltz's proposal sought to amend the United States Arms Export Control Act, raising the dollar thresholds that trigger congressional review of arms exports to other countries.
In particular, the review threshold for arms transfers would be increased to 23 million dollars from the current 14 million dollars, and for the sale of military equipment, upgrades, training, and other services, the threshold would rise from USD 50 million to 83 million dollars.
During his first term, Trump expressed his frustration on several occasions with members of Congress who delayed arms sales to foreign nations due to inconsistent concerns related to human rights or other issues.
