- Recently the Defence Ministery has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries. The decision will give a boost to defence exports.
- The OGEL is a one-time export licence to be granted to a company for a specific period which is two years initially. The DPP held extensive consultations with various stakeholders and formulated this OGEL policy and submitted for Defence Minister’s approval.
- The application for grant of OGEL will be considered by Department of Defence Production (DPP) on a case-to-case basis. For acquiring the licences, the applicant is mandatory to have Import-Export certificate.
- The items permitted under OGEL includes components of ammunition and fuse setting device without energetic and explosive material, firing control and related ing and warning equipment and related system and body protective items.
- Complete aircraft or complete unmanned aerial vehicles (UAVs) and any components specially designed or modified for UAVs are excluded under this licence.
The countries allowed under the OGELs are Belgium, France, Germany, Japan, South Africa, Spain, Sweden, UK, USA, Canada, Italy, Poland and Mexico. Export of items to a Special Economic Zone is not permitted.
Source: All India Radio