Reply to post: Re: Too Late . . . Tony Blair Gave Away All Our Technology Via The Defence Trade Co-operation Treaty

Buyout of British defence supplier Ultra Electronics paused by UK.gov over competition concerns

hammarbtyp

Re: Too Late . . . Tony Blair Gave Away All Our Technology Via The Defence Trade Co-operation Treaty

The Defence Trade Co-operation Treaty only removes trade barriers when selling defence equipment between the US and UK. It does not say the technology has to be given to the US just that it does not require an export licence. All ownership and IP remains with the company and country of origin.

It could be argued however that this makes UK firms more attractive to US buyers, since products can be sold directly into the US market without government export restrictions

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon