Statement by AIA President and CEO Marion Blakey Regarding Defense Trade Treaties

ARLINGTON, Va. --- We are very disappointed that Congress has deferred approval of the U.S.-UK and U.S.-Australian Defense Trade Cooperation Treaties. We had been optimistic that they would be approved and signed by the president this session, despite the press of last minute business facing the Senate.>> Even with this setback, we are encouraged by progress this year in export control modernization. The administration's package of proposals released in January, along with the rule clarifying export control treatment for civil aircraft components in August, are significant steps forward in achieving a system that is predictable, efficient and transparent.>> It is critical to our nation's security and economic prosperity to continue with modernization efforts in the next administration and Congress, to include passage and implementing these treaties.>> -ends->