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US Congress greenlights key measures in NDAA 2024 for AUKUS submarine transfer

The United States Congress has passed the 2024 National Defense Authorization Act (NDAA), a comprehensive legislation that not only addresses critical aspects of Australia’s nuclear-powered submarine program but also establishes key exemptions for both Australia and the United Kingdom from US defence export control licensing.
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Unlock global potential with Bank of Sydney’s trade finance solutions

In an increasingly globalised economy, Australian manufacturers face the dual challenge of managing complex international supply chains while seizing opportunities for global expansion. Trade finance, a crucial financial tool, can help businesses mitigate risks, improve cash flow, and facilitate cross-border trade with confidence.