Ex-Im Bank Financed 1 Dual-Use Export in 2018, None in 2019, GAO Says

The Export-Import Bank of the U.S. did not finance any dual-use exports during the 2019 fiscal year and financed only one such export the previous year, the Government Accountability Office reported Aug. 27. The GAO noted that the Ex-Im Bank successfully monitored the end use of the lone dual-use export during the 2018 fiscal year, which included two satellites for the Mexican government. The bank “received all documents” from Mexico on time and determined the Mexican government was “in compliance with the bank’s dual-use policy.”