AIRLINK 75.50 Increased By ▲ 1.00 (1.34%)
BOP 4.73 No Change ▼ 0.00 (0%)
CNERGY 4.18 Increased By ▲ 0.04 (0.97%)
DFML 40.12 Increased By ▲ 0.77 (1.96%)
DGKC 88.80 Increased By ▲ 3.90 (4.59%)
FCCL 22.99 Increased By ▲ 1.09 (4.98%)
FFBL 30.47 Increased By ▲ 0.26 (0.86%)
FFL 9.23 Decreased By ▼ -0.02 (-0.22%)
GGL 10.14 Decreased By ▼ -0.26 (-2.5%)
HASCOL 6.20 Decreased By ▼ -0.13 (-2.05%)
HBL 106.50 Decreased By ▼ -1.75 (-1.62%)
HUBC 140.10 Decreased By ▼ -0.15 (-0.11%)
HUMNL 10.59 Increased By ▲ 0.29 (2.82%)
KEL 4.77 Decreased By ▼ -0.03 (-0.63%)
KOSM 4.39 Decreased By ▼ -0.03 (-0.68%)
MLCF 38.40 Increased By ▲ 0.90 (2.4%)
OGDC 123.60 Decreased By ▼ -1.04 (-0.83%)
PAEL 24.62 Increased By ▲ 0.18 (0.74%)
PIBTL 6.10 Decreased By ▼ -0.10 (-1.61%)
PPL 114.30 Decreased By ▼ -2.10 (-1.8%)
PRL 24.06 Decreased By ▼ -0.54 (-2.2%)
PTC 13.05 Decreased By ▼ -0.08 (-0.61%)
SEARL 59.60 Increased By ▲ 3.61 (6.45%)
SNGP 61.80 Decreased By ▼ -1.18 (-1.87%)
SSGC 9.66 Decreased By ▼ -0.21 (-2.13%)
TELE 7.85 Decreased By ▼ -0.14 (-1.75%)
TPLP 10.07 Increased By ▲ 0.14 (1.41%)
TRG 65.20 Increased By ▲ 0.70 (1.09%)
UNITY 26.90 Increased By ▲ 0.24 (0.9%)
WTL 1.34 Increased By ▲ 0.02 (1.52%)
BR100 7,701 Decreased By -17 (-0.22%)
BR30 24,706 Decreased By -71.5 (-0.29%)
KSE100 73,754 Decreased By -108.9 (-0.15%)
KSE30 23,617 Decreased By -74.6 (-0.31%)

German ministers agreed Wednesday to further restrict weapons exports, banning sales of small arms to countries outside the EU and NATO apart from in "exceptional" cases. The update to rules originally laid out in 2000 is also an attempt to bury a source of months-long tensions between Chancellor Angela Merkel's conservative CDU and their junior coalition partners the Social Democrats (SPD).
"Export of small arms to third countries will in principle no longer be permitted," government spokesman Steffen Seibert told reporters in Berlin.
The measure is largely symbolic, as the value of such shipments amounted to just 400,000 euros ($454,000) in 2018.
"At the same time, in well-founded one-off cases there can be exceptions, it's not a total ban," Seibert added.
In general, permits will not be granted to export arms "if there are sufficient grounds to suspect that these would be abused for internal repression or other persistent and systematic infringements of human rights," the regulation posted on the economy ministry website read.
But the government also highlighted "the significance of the security and defence industry" in a country home to companies like Heckler and Koch (small arms), Rheinmetall (tanks and military vehicles) and Thyssenkrupp (ships and submarines).
Germany's ruling coalition has repeatedly clashed over weapons exports, notably to states involved in the conflict in Yemen.
Following the murder of Saudi journalist Jamal Khashoggi, Berlin agreed in October last year to halt deliveries to Riyadh, extending the ban for a further six months in March.
Wednesday's decision also included tougher rules on transferring defence technology outside Germany.
The economy ministry said "political support for armaments cooperation at the European level is emphasised" in the new rules.
France and Britain have in recent months pressured Germany over exports of jointly-developed weapons systems, with tougher rules from Berlin potentially endangering the deals.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.