US Export Import Bank certifies no dual-use exports in 2005

(US Ex-Im Bank, Washington, 27 September 2007). As required by the Export-Import Bank Reauthorization Act of 2006, Ex-Im has written Congressional committees to note that "In fiscal year 2005, Ex-Im did not finance any dual-use export projects". "According to Ex-Im officials, dual-use items were last financed in 2002, and Ex-Im has not considered any requests for dual-use financing since then. The officials attributed the program's decline to a shift in Ex-Im's portfolio from transactions with governments to private sector transactions."