Lets U.S.-sold defense items move between Australia, the United Kingdom, and certain approved entities without the President's consent, and removes congressional notification for certain licensing agreements with Australia and the United Kingdom.

• Allows defense articles sold by the U.S. to be reexported, retransferred, or temporarily imported between the governments of Australia and the United Kingdom, or eligible entities under 22 CFR 126.7(b)(2), without the President's consent under the Arms Export Control Act or Foreign Assistance Act.
• Authorizes intra-company, intra-organizational, and intra-governmental transfers of those defense articles and services among qualified officers, employees, and agents, including certain dual or third-country nationals.
• Exempts manufacturing and technical licensing agreements with Australia and the United Kingdom from congressional notification under Section 36(d) of the Arms Export Control Act when they do not involve defense articles outside the Section 38(l) exemption.

• Foreign Relations Committee (Senate)

International Affairs