AUKUS export reform progress20 Apr 2024 07:11
Https://www.gov.uk/government/news/update-on-aukus-export-reform-progress
Yesterday, 18 April, the US Commerce Department also announced an expansion of the scope of licence-free trade to AUKUS nations under the Export Administration Regulations.
UK and Australia are on track to meet the requirements of the NDAA and benefit from the exemptions. These will significantly reduce licensing requirements for both the UK and Australia and enable the closest possible collaboration between our scientists and engineers and our defence industries as a sector.
The reforms will make it easier for our public and private sector security institutions to deliver a more integrated defence industrial base, secure jobs for our talented citizens and identify new opportunities for trilateral capability development.
As we reach the first 120-day milestone identified in the NDAA, we are pleased to say that, as the next step in this process, the US will, in the next few weeks, be consulting with defence industry to ensure that implementation of the planned AUKUS exemptions realises their full potential.
The UK will in this period also be finalising the last technical steps to benefit from the NDAA provisions. We are confident that by the next 120-day period we will have completed all the requirements for full implementation of the ITAR exemptions.