(Defense News, Virginia, 29 January 2021) Kenya’s military has ordered 118 four-wheel drive personnel carriers from Turkish armored vehicles manufacturer Katmerciler. Kenya Defence Forces spokesperson Col. Zipporah Kioko told local press that the Ministry of Defence is finalizing the deal for...
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2020/12/30
Country: Italy
ECAs: SACE S.p.A.
Issue: Arms Trade
(Middle East Eye, London, 11 December 2020) Government sources in Egypt familiar with economic and military cooperation with Italy have revealed that an agreement is imminent between the Egyptian government and the Italian Export Credit Agency (Sace),...
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2020/12/29
Country: Russia, United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Arms Trade
(Eurasia Daily Monitor, Washington, 15 December 2020) In October 2020 a funding pledge was made by the UK’s export credit agency in the amount of 1.25 billion pounds ($1.68 billion) for the construction of missile boats and new naval infrastructure in Ukraine. Missile boats and naval bases are...
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2020/06/29
Country: Canada, Saudi Arabia
ECAs: Export Development Canada
Issue: Arms Trade, Human Rights
(Globe and Mail, Toronto, 7 June 2020) The federal government tapped a seldom-used account at Ottawa’s export-financing agency last fall to extend $650-million of support to the US defence contractor building combat vehicles for Saudi Arabia, aid that came as Riyadh was falling behind on...
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2020/03/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Arms Trade, European Union
(Jane's, London, 11 March 2020) The UK government is proposing to create a GBP1 billion (USD1.3 billion) fund to support British defence and security exports. The “facility” would be overseen by UK Export Finance, the country’s export credit agency, which gives loans to help foreign countries,...
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2019/11/29
Country: France
ECAs: COFACE
Issue: Arms Trade, Human Rights, Oil, Gas and Mining, Transparency
Member: Les Amis de la Terre
(Sum Of Us, Paris, 7 November 2019) - A report published today by L'Observatoire des armements and SumOfUs in collaboration with Les Amis de la Terre France, documents the militarisation of Total's activities in Yemen since the 1980s. Open sources and witness testimony reveal that Total’s gas...
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2019/11/29
Country: China, USA
ECAs: EXIM Bank China, Export-Import Bank of the United States
Issue: Arms Trade, BRIC countries
(Fox News, Washington, 22 October 2019) Republican commentator Newt Gingrich in a Fox News opinion article argues that "In the age of Huawei, the Belt and Road Initiative (BRI), and China’s state-sponsored companies, we need the United States Export-Import Bank more than ever. This is a big...
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2019/10/30
Country: China, USA
Issue: Arms Trade, BRIC countries
(Newsweek, Washington, 21 October 2019) Newt Gingrich - Opinion (How the Republican right sees EXIM): In the age of Huawei, the Belt and Road Initiative, and China's state-sponsored companies, we...
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2019/10/30
Country: Australia
ECAs: Export Finance and Insurance Corporation
Issue: Arms Trade
(Australian Defense Magazine, Canberra, 3 October 2019) New figures from the Stockholm International Peace Research Institute (SIPRI), the world’s leading authority on global military spending, show that Australia has become the world’s second largest weapons importer but has dropped to 25th in...
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2019/09/29
ECAs: COFACE
Issue: Arms Trade
(Space News, 16 September 2019) The U.S. government signed a seven-year $738.5 M agreement with Iridium Communications for unlimited use of the McLean, Virginia-based firm’s mobile communications constellation to ensures continuity for voice, data, broadcast and other services to Defense...
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2019/09/29
Country: Australia
ECAs: Export Finance & Insurance Corporation Australia
Issue: Arms Trade
(Mirage News, 6 September 2019) Government support for Australia’s defence industries is on the increase, as two government agencies extend collaboration. Under the Australian Government’s ...
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2019/08/30
Country: South Africa, United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Arms Trade, Corruption
(The Citizen, Johannesburg, 22 August 2019) The North Gauteng High Court in Pretoria has set aside the findings of the Seriti commission on Wednesday, delivering a scathing judgment that it had failed in fulfilling its mandate. The High Court judgment on the findings of the commission lamented...
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2019/07/29
Country: Russia
Issue: Arms Trade, Nuclear, Oil, Gas and Mining
(The Independent, Kampala, 8 July 2019) Russia hosted the Annual General Meeting for the African Export Import Bank (Afreximbank) on June 20-22, the second AGM to be held out of Africa since 2012 in China. The Russian Export Center (REC), purchased shares in Afreximbank in 2017 at an...
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2019/05/29
Country: China, Malaysia, Russia
Issue: Arms Trade
(Deutsche Welle, Bonn, 29 May 2019) Financial troubles may force Malaysia to drop its plans to buy highly capable multirole combat aircraft (MRCA) and settle for cheaper, less capable fighter jets to replace its current fleet of Russian MiG 29s that are mostly grounded. Europe's MRCA makers...
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2019/04/30
Country: Germany, India
ECAs: Euler Hermes Deutschland AG
Issue: Arms Trade
(Middle East Monitor, London , 5 April 2019) The German Parliament Budget Committee has approved export credit guarantees to secure the sale of six heavy frigates worth €2.3 billion (US$2 billion) to Egypt from ThyssenKrupp Marine Systems. The ships can be supplied with weapons including guided...
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