Not later than 30 days after the date on which the Secretary of State publishes the list required by section 2, the Secretary, in coordination with the Secretary of Defense, shall initiate a rulemaking process to establish an expedited timeline for the decision-making process with respect to applications to export defense articles or defense services under the Arms Export Control Act to countries or end-users identified by such list and a fixed timeline for decisions for all other applications for such exports. The timelines so established shall provide that, to the maximum extent practicable—
(1)
an application to export defense articles or defense services to a listed country or end-user shall be approved, returned, or denied not later than 45 days after the date on which the application is submitted to the Secretary;
(2)
an application to export defense articles or defense services to any country or end-user shall be approved, returned, or denied not later than 60 days after the date on which the application is submitted to the Secretary; and
(3)
the deadlines described in paragraphs (1) and (2) may be suspended with respect to an application if necessary—
(A)
for applicable time periods specified in subsection (b), (c), or (d) of section 36 of such Act, during which Congress may enact a joint resolution prohibiting the approval of such application; or
(B)
for such time as may be required to receive a decision from the Secretary of Defense with respect to an application that is subject to approval by the Department of Defense, including technology security and foreign disclosure release determinations.