AUKUS: If export controls regime fails, AUKUS will fail

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AUKUS: If export controls regime fails, AUKUS will fail
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We simply will not realise the full potential of the nuclear submarine pact unless we change the way we partner and co-operate on defence and technology issues.

Already a subscriber?The loss to Australia will far outweigh the gain, if we do not sensibly – with eyes wide open – accept the carefully crafted reforms to our export controls regime being pursued in federal parliament this week under theWe simply will not realise the full potential of AUKUS unless we change the way we partner and co-operate on defence and technology issues.

Our researchers and universities have worked over a considerable period with the Department of Defence to arrive at what we believe is that carefully calibrated balance. Third, the potential loss to Australian industry would be substantial. We would forgo the significant economic benefits from the growth of new industries, the infrastructure and technology upgrades, new jobs estimated modestly at 20,000, and an accelerated up-skilling of our workforce.

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