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News:Defence Ministry has approved two Open General Export Licences in a major push for defence exports.
Facts:
About Open General Export Licences(OGEL):
- An Open General Licence(OGL) is a type of export license issued by a government to its domestic suppliers.
- The OEGL is a one-time export licence to be granted to a company for a specific period which is two years initially.
- The application for grant of OGEL will be considered by Department of Defence Production (DPP) on a case-to-case basis.
Eligibility and Countries allowed:
- For acquiring the licences, the applicant is mandatory to have Import Export certificate.
- The countries allowed under the OGELs are Belgium, France, Germany, Japan, South Africa, Spain, Sweden, UK, USA, Canada, Italy, Poland and Mexico.
- However,the export of items to a Special Economic Zone is not permitted under OEGL.
Items Permitted and excluded under OEGL:
- 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.
- But the complete aircraft or complete unmanned aerial vehicles(UAVs) and any components specially designed or modified for UAVs are excluded under this licence.
