ECAs and Arms - ENAAT report now available

(ENAAT, Amsterdam, 10 July 2007) The European Network Against the Arms Trade has released its report "European Export Credit Agencies and the financing of arms trade". A compendium of data and case studies, the report explores the roles of 12 ECAs from 11 European countries in supporting military exports. An estimated 20-30% of taxpayer funded ECA support goes to military products, with often devastating consequences for human rights, corruption and debt in developing countries.