(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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2020/06/29
Country: Canada, Saudi Arabia
ECAs: Export Development Canada
Issue: Arms Trade, Human Rights
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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2019/01/30
Country: Indonesia, Russia, United Kingdom, USA
Issue: Aircraft, Arms Trade
(Jane's Defence Weekly, Singapore, 25 January 2019) The Indonesian Air Force (TNI-AU) has completed a study on the country's aerial refuelling requirements and has proposed the acquisition of two new airframes for the service, outlining a budget requirement of about USD500 million, proposing...
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2018/08/28
Country: Germany, Turkey, USA
Issue: Arms Trade, Corruption, Human Rights
(ECA Watch, Ottawa, 28 August 2018) When President Trump...
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2018/05/31
Country: USA
Issue: Arms Trade
(GAO, Washington, 10 May 2018) The US Foreign Military Sales (FMS) administrative account balance grew by over 950 percent from fiscal years 2007 to 2017—from $391 million to $4.1 billion—due in part to insufficient management controls, including the lack of timely rate reviews. The Defense...
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2018/01/31
Country: Australia, France, Indonesia, Mexico, Russia, United Kingdom, USA
ECAs: COFACE, Export Finance & Insurance Corporation Australia, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Arms Trade
(Global Trade Review, London, 31 January 2018) The Australian export credit agency (ECA), Efic, has been armed with A$3.8bn to help companies sell military equipment overseas. Over the years, ECAs have been heavily criticised for selling arms which often help prop up tyrannical regimes and...
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2017/08/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Arms Trade
(GAO, Washington, 29 August 2017) Every year, the Government Aaccountability Office (GAO) reports on the Export-Import Bank, which helps finance U.S. companies' exports. The Bank may not finance defense goods and services, but it can finance exports that have both civilian and military uses (...
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2015/06/30
Country: Australia, France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Arms Trade
(Military Technologies, Singapore, 1 June 2015) Satellite operators on June 1 expressed concern that the U.S. Export-Import Bank and France’s Coface, the world’s two most-active export agencies (ECAs) in funding satellite projects, might reduce their support for the industry in light of the...
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2014/08/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Arms Trade
(US General Accounting Office, Washington, 28 August 2014) The Export-Import Bank of the United States (Ex-Im) has policies for monitoring the end use of defense articles and services it finances, including documentation requirements that are reflected in its financing agreements with...
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