To ask the Secretary of State for Defence, what assessment his Department has made of the potential impact of (a) collaborative projects and (b) joint ventures with (i) Australian and (ii) US defence companies on the (A) defence sector and (B) economy.
Answered on
22 November 2023
AUKUS provides a generational opportunity to enhance our collaborative relationship and collective national security, as well as better supporting how our industrial bases work together for the future. Progress continues to be made to ensure that businesses can participate in investment opportunities attached to AUKUS. To truly realise the benefits of the AUKUS partnership and the generational opportunity it presents, it is critical we break down existing and future barriers to collaboration. Modernising export controls will empower our government and industries to work together at the pace of relevance, accessing the best technologies and enhancing our mutual capabilities; ultimately to ensure our long-term collective security.