User avatar
STT757
Topic Author
Posts: 13360
Joined: Tue Mar 28, 2000 1:14 am

U.S. , Britain To Ease Rules On Defense Sales

Wed May 28, 2003 6:05 am

From Reuters http://www.reuters.com/newsArticle.jhtml?storyID=2829498

"U.S., Britain agree to ease rules on defense sales
Tue May 27, 2003 04:16 PM ET

WASHINGTON, May 27 (Reuters) - U.S. and British officials have agreed on the broad terms of a deal that would waive restrictions on the sale of unclassified defense equipment between the two countries, a U.S. official said on Tuesday.
"They have agreed on a text but there are some other legal hoops that have to be leapt through ... to bring the thing to completion," said the official, who asked not to be named.

The deal, which is similar to an agreement the United States has with Canada, must be approved by the U.S. and British governments, as well as Britain's Parliament and the U.S. Congress, where some lawmakers have raised objections.

The agreement comes after years of negotiations between the two close military allies, and would permit the sale of unclassified weapons and other military technologies without a special license, officials said.

U.S. officials were concerned about ensuring that any exempted countries maintained the same high level of control over military technologies, including measures to prevent any transfers to third countries, one official said.

"We are concerned that if we grant an exemption that the country will have the necessary system in place with the same degree of controls that we would exercise," said one U.S. official.

British and other European companies want a bigger piece of the huge U.S. defense procurement budget, especially given the slump in defense spending in many of their own countries.

But the U.S. military only rarely awards contracts to foreign defense contractors, preferring to do business with its own stable of five prime contractors and smaller U.S. subcontractors.

The one notable exception is Britain's BAE Systems Plc BA.L , which has a large role in the F-35, or Joint Strike Fighter.

Martin Schulz, director of international equity investment for Armada Funds, said the agreement could frustrate some other European nations, which have pressured Britain to become better integrated into the European Union.

But he said it would be a positive step for Britain's defense industry.

Congressional aides said the House International Relations Committee rejected the waiver request by the Bush administration earlier this month, considering it unwise given continuing threats of possible terrorist attacks.

The Senate is still reviewing the issue."
Eastern Air lines flt # 701, EWR-MCO Boeing 757

Who is online

Users browsing this forum: guppyflyer and 2 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos