Obama to sign order to cut red tape for exporters

February 19, 2014 11:04 AM

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Obama to sign order to cut red tape for exporters

While en route to Mexico today, President Obama plans to sign an executive order that the White House says will significantly reduce the wait time for businesses exporting goods and services outside the USA.

Obama, who heads to Toluca, Mexico, on Wednesday morning for the North American Leadership Summit, will sign what the administration is calling the executive order on "streamlining the export/import process" while he's aboard Air Force One, according to the White House.

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