Defence Exports
While in the early years of the decade the proportion of ECGD’s business in support of defence exports ranged from 30% to 50%, this has now declined to under 1% in 2009-10.
ECGD support for defence exports is conditional upon exporters obtaining valid export licences from the Department of Trade and Industry-based Export Control Organisation. All applications are assessed, on a case-by-case basis, against the consolidated EU and National Arms Export Licensing criteria.
Read more about this topic: UK Export Finance
Famous quotes containing the word defence:
“They aroused me to a determination to understand more fully the position of women, and the character of those men who talk so much of the need of our being “protected”Mremoving from us, meanwhile, what are often the very weapons of our defence [sic], occupations, and proper and encouraging remuneration.”
—Harriot K. Hunt (1805–1875)