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The current export restrictions, which mainly help urban consumers in poor countries, are the latest blow to farmers in the developing world.
In that vein, the amendments to the current export controls are a welcome gesture, both to American companies and to the netizens who benefit from their products.
This line could carry 3.5 billion cubic feet of American and Canadian gas, a 40percentt jump over Canada's current export level to the United States.
Citigroup estimates that oil must reach $150 a barrel in coming years (from current export prices of $120) for Russia to pay for Mr. Putin's spending promises.
Meanwhile the big bounce in Asian economies looks likely to fade as the current export rebound and fiscal stimulus programs come to an end.
The UK government said its sales were under "careful and continual review", and added that it was satisfied that current export licences for Saudi Arabia meet its regulations, which it described as some of the most robust in the world.
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"There's a tremendous amount of money at stake in continuing the current export-focused strategy," he said.
The US would like China to move from its current export-based model to one that relies more on domestic consumption.
"The current export-control system interferes with legitimate United States exports because it does not keep pace with the high rate of innovation in the microprocessor market," said Senator Harry Reid, Democrat of Nevada and a co-sponsor of the measure along with Senator Robert F. Bennett, Republican of Utah.
And it shows how far China must still go to create the kind of broad-based consumer society that American officials recommend and that Chinese leaders say they want to adopt in the long term in place of their current export-led model.
"He may have given some legitimacy to Iraq's message," said Walid Khadduri, editor of The Middle East Economic Review, referring to Iraq's current exports.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com