The Joint Standing Committee on Treaties (JSCOT) has tabled a report recommending the ratification of the following treaty action:
Committee Chair Mr Josh Wilson MP said, "This Agreement aligns with Australia's national interests and benefits the development of the Australian Space industry, by growing a more skilled workforce in the space sector and providing increased opportunities for Australian companies. The increase in US investment and activity will also benefit the Australian economy."
Mr Wilson continued, "The Agreement reflects Australia's commitment to transforming and growing our space sector, as well as further developing our strong bilateral relationship with the US."
The Agreement aims to protect US technology launched in Australia and ensure that it remains under US control. It provides a legal and technical framework that protects US launch vehicles, spacecraft, related equipment, and technical data. This would enable US companies, government organisations and universities to undertake commercial space launch activities in Australia.
The Committee supports ratification and recommends that binding treaty action be taken for this Agreement.
