ABSTRACT

Export-Import Bank: Status of End-Use Monitoring of Dual-Use Exports as of August 2020   [open pdf - 2MB]

From the Document: "The mission of the Export-Import Bank of the United States (EXIM) is to support the export of U.S. goods and services overseas through loans, loan guarantees, and insurance, thereby supporting U.S. jobs. EXIM's charter contains a general prohibition on support for defense articles and services, with limited exceptions. In 1994, Congress passed legislation providing an exception giving EXIM authority to facilitate the financing of U.S. exports of defense articles and services with both commercial and military applications, provided it determines that these items are nonlethal and primarily meant for civilian end use. Such 'dual-use' exports have included, for example, construction equipment for foreign militaries to use to build roads. EXIM's Engineering and Environment Division, with assistance from the bank's Office of General Counsel, Office of Congressional and Intergovernmental Affairs, and Office of Policy Analysis and International Relations, implements EXIM's dual-use authority."

Report Number:
GAO-20-688R
Publisher:
Date:
2020-08-27
Copyright:
Public Domain
Retrieved From:
Government Accountability Office: https://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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