Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Global pressure mounts as Gaza fighting intensifies and death toll surges    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Egypt holds special importance for our investments across diverse sectors: Japanese minister    Cairo, Tokyo sign LOI to expand educational cooperation, support for persons with disabilities    Madbouly invites Japanese firms to establish industrial zone in SCZONE    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Al-Sisi meets Qatar PM, Bahrain security adviser to discuss Gaza crisis, regional stability    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



German arms industry threatens government with compensation claims
Published in Daily News Egypt on 28 - 12 - 2018

As German weapons exports dropped for a third consecutive year, a lobbyist has criticized Germany's export policy as “unpredictable.” New figures show exports dropped sharply in 2018.Germany's weapons export policy has become "unpredictable," to the point where pan-European projects have become difficult to manage or have even been prevented, the head of the German Security and Defense Industry Association (BDSV), Hans Christoph Atzpodien, said in an interview with news agency dpa.
According to him, the defense industry was suffering as a result of "purely politically motivated issues," referring to the government's decision to first stop export licenses for future orders to countries involved in the Yemen conflict in January. This was followed byfurther restrictions being levied on existing projects after the suspected murder of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul.
"We're asking the government to tell us what is going to happen with these orders," he said, adding that he could well imagine "demanding compensation."
In a statement released just before Christmas, the BDSV criticized Germany's "restrictive export controls," which it sees a go-it-alone approach by Germany that jeopardizes an increasingly pan-European defense industry.
Lower exports
Meanwhile, figures from the Economy Ministry show that weapons exports in 2018 dropped for a third year in a row to €4.62 billion ($5.3 billion) from €6.24 billion in 2017.
Exports reached a record high in 2015, amounting to €7.86 billion.
Read more: Germany and Saudi Arabia: Weapons for a 'strategic' partner
The figures, which were released at the request of Green party MP Omnid Nouripour, show that Saudi Arabia, which leads a nine-country alliance against Houthi rebels in the Yemen war, is Germany's fourth-largest customer after Algeria, the US and Australia.
Nouripour said that the German government was still exporting weapons to too many authoritarian states and conflict zones. "Despite what was announced in the government coalition agreement, the number of export licenses approved is still devastating," he said.
The BDSV represents more than 220 companies in the security, defense and aerospace sectors in Germany.


Clic here to read the story from its source.