Inside The DFARS Rule On US-UK And US-Australia Trade
June 21, 2013, 2:58 PM EDT
Law360, New York (June 21, 2013, 2:58 PM EDT) -- On June 17, 2013, the U.S. Department of Defense, Defense Acquisition Regulations Council issued a final rule amending the Defense Federal Acquisition Regulation Supplement to implement the Defense Trade Cooperation Treaty Between the United States and the United Kingdom, as well as the Treaty Between The Government of The United States of America and the Government of Australia Concerning Defense Trade Cooperation. The final rule is set forth at DFARS Subpart 225.79.
The treaties eliminate certain export licensing requirements for exports within an “Approved Community” of...