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Business/Financial

Australia Closer To Implementing Defense Trade Cooperation Treaty With U.S.

By Cal Biesecker

Thursday, November 3rd, 2011

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The Australia-United States Defence Trade Cooperation Treaty is closer to implementation as the Defence Trade Controls Bill 2011 was introduced to Parliament, ministers said yesterday. The legislation is required for the Treaty to enter into force in Australia. The United States and Australia signed the treaty Sept. 5, 2007. The U.S. Congress passed implementing legislation Sept. 28, 2010, and the U.S. Senate Sept. 29, 2010. “Cooperation in defence capability and technology is one of the most important elements of Australia’s…

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