This is the accessible text file for GAO report number GAO-12-628R entitled 'Export Promotion: The Export-Import Bank's Financing of Dual- Use Exports' which was released on April 12, 2012. This text file was formatted by the U.S. Government Accountability Office (GAO) to be accessible to users with visual impairments, as part of a longer term project to improve GAO products' accessibility. Every attempt has been made to maintain the structural and data integrity of the original printed product. Accessibility features, such as text descriptions of tables, consecutively numbered footnotes placed at the end of the file, and the text of agency comment letters, are provided but may not exactly duplicate the presentation or format of the printed version. The portable document format (PDF) file is an exact electronic replica of the printed version. We welcome your feedback. Please E-mail your comments regarding the contents or accessibility features of this document to Webmaster@gao.gov. This is a work of the U.S. government and is not subject to copyright protection in the United States. It may be reproduced and distributed in its entirety without further permission from GAO. Because this work may contain copyrighted images or other material, permission from the copyright holder may be necessary if you wish to reproduce this material separately. GAO-12-628R: United States Government Accountability Office: Washington, DC 20548: April 12, 2012: Congressional Committees: Subject: Export Promotion: The Export-Import Bank's Financing of Dual- Use Exports: Since October 1994, the Export-Import Bank of the United States (Ex- Im) has had statutory authority[Footnote 1] to provide loans, guarantees, and insurance to facilitate the financing of U.S. exports of defense articles and services, provided that Ex-Im determines that these items are nonlethal and primarily meant for civilian use. [Footnote 2] These dual-use exports include items such as vehicles used by the military mainly for civilian or humanitarian purposes. Legislation providing this authority requires us to report annually on the end uses of dual-use exports financed by Ex-Im during the second preceding fiscal year. This report identifies (1) the dual-use exports, if any, that Ex-Im financed in fiscal years 2010 through 2011 and (2) the end uses of any such exports. Ex-Im did not finance any dual-use exports in fiscal years 2010 and 2011, according to our review of relevant data on Ex-Im authorizations. To identify the financing of the dual-use exports, if any, in fiscal years 2010 through 2011 and the end uses of those exports, we reviewed Ex-Im data on dual-use determinations. In addition, we interviewed Ex- Im officials who monitor end-user compliance with dual-use requirements, which included the Vice President of the Engineering and Environment Division. We determined that Ex-Im data on the end uses of dual-use exports financed by Ex-Im are sufficiently reliable for this review. We conducted this performance audit from March to April 2012 in accordance with generally accepted government auditing standards. Those standards require that we plan and perform the audit to obtain sufficient, appropriate evidence to provide a reasonable basis for our findings and conclusions based on our audit objectives. We believe that the evidence obtained provides a reasonable basis for our findings and conclusions based on our audit objectives. We are not making any recommendations in this report. We provided Ex-Im a draft of this report. The agency commented orally that the information in the correspondence is accurate. We are sending copies of this report to interested congressional committees and to the President and Chairman of the Export-Import Bank, the Secretary of Defense, and the Secretary of State. In addition, this report is available at no charge on the GAO website at [hyperlink, http://www.gao.gov]. If you or your staff has any questions about this report, please contact me at (202) 512-4101 or gomezj@gao.gov. Key contributors to this report were Celia Thomas, Assistant Director; Rhonda Horried; and Kye Printup. Signed by: Alfredo Gomez: Acting Director: International Affairs and Trade: List of Committees: The Honorable Tim Johnson: Chairman: The Honorable Richard C. Shelby: Ranking Member: Committee on Banking, Housing, and Urban Affairs: United States Senate: The Honorable Richard Durbin: Chairman: The Honorable Jerry Moran: Ranking Member: Subcommittee on Financial Services and General Government: Committee on Appropriations: United States Senate: The Honorable Spencer Bachus: Chairman: The Honorable Barney Frank: Ranking Member: Committee on Financial Services: House of Representatives: The Honorable Jo Ann Emerson: Chairwoman: The Honorable Jose Serrano: Ranking Member: Subcommittee on Financial Services and General Government: Committee on Appropriations: House of Representatives: [End of section] Footnotes: [1] The Export-Import Bank Reauthorization Act of 2006 (P.L. 109-438, Dec. 20, 2006) extended through September 30, 2011, provisions in 1994 legislation (P.L. 103-428, Oct. 31, 1994) authorizing Ex-Im to finance certain dual-use exports. Under this legislation, Ex-Im can use up to 10 percent of its total annual loan, guarantee, and insurance authority to support the sale of these dual-use exports. The Consolidated Appropriations Act of 2012 (P.L. 112-74) extended Ex-Im's dual-use financing authority through fiscal year 2012. [2] According to Ex-Im, a dual-use export is eligible for financing if convincing evidence exists that the export is nonlethal in nature, and the export will be used mainly for civilian activities. Furthermore, Ex-Im may require the buyer or end user to provide certification to that extent. [End of section] GAO’s Mission: The Government Accountability Office, the audit, evaluation, and investigative arm of Congress, exists to support Congress in meeting its constitutional responsibilities and to help improve the performance and accountability of the federal government for the American people. 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