Economic

Germany stops numerous arms exports, risks compensation fees

“Germany’s national security council declined two-thirds of applications for arms export licenses at its most recent sitting three weeks ago, German news weekly Spiegel said on Saturday. The economy ministry had prevented a license application to export to Saudi Arabia 500 million euros worth of sight devices for armored personnel carrier guns from even being discussed in the council, it said.”

Source: Germany stops numerous arms exports, risks compensation fees: report | Reuters

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