Saturday, September 20, 2014

Export Restrictions: German armaments industry threatened with depopulation – Tagesspiegel

Export Restrictions: German armaments industry threatened with depopulation – Tagesspiegel

11:10 clock

The German defense industry is threatening because of the rigid arms export control by the federal government with the emigration abroad. The alternative is a further job cuts.

The rigid arms export control by the Federal Government provides for the defense contractors for resentment. The president of the industry association BDSV, Rheinmetall Chef Armin Papperger, the German defense industry has two alternatives. “Either we continue to build capacity and hence more jobs from or we go abroad,” he said of the “Süddeutsche Zeitung” (weekend edition).

All the major defense contractors tested whether they could remain in the country permanently, said the Rheinmetall-chief. “Other countries like Switzerland, France or the USA would be happy, we would invest there. There we could also export easier. “With the Federal Ministry of Economic Affairs of the Rheinmetall boss wants the report says negotiate compensation for the stopped exporting a combat training center in Russia. “The contract has a value of 135 million euros. Each euro is less for us a loss, “said Papperger. He assumes that “there is a fair solution,” but wanted to “give anything away”. (AP)

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