Ex-Im Bank Financed No New Dual-Use Transactions in 2023, GAO Says

The Export-Import Bank didn’t approve a new transaction involving dual-use goods in FY 2023, the Government Accountability Office reported Aug. 30. The bank continued to monitor the end-use of one transaction for the Mexican government, which involved a fixed service satellite and a mobile service satellite that became operational in 2013 and 2015, respectively. Ex-Im received all required documents from the Mexican government and determined that Mexico was in compliance with the bank’s dual-use policy.