MarketFederal Office of Economics and Export Control
Company Profile

Federal Office of Economics and Export Control

The Federal Office for Economic Affairs and Export Control is a German federal agency. The BAFA is authorised to make the final decision on whether German goods are permitted for export.

History
The predecessor Bundesamt für Wirtschaft (BAW) (Federal Office of Economics) was founded in 1954. Its original name was Bundesamt für gewerbliche Wirtschaft (Federal Office for Industrial Economics). In 1975 it moved to Eschborn, where in 1975 the Bundesausfuhramt (Federal Office of Export) came into being. Eventually both offices got combined. BAFA's parent agency is the Federal Ministry of Economics and Technology. == Responsibilities ==
Responsibilities
All items listed by the Australia Group, Missile Technology Control Regime, Nuclear Suppliers Group, and Wassenaar Arrangement are subject to export control in Germany. Germany implements the European Dual Use Export Control Annex. All these control documents are the responsibility of BAFA. Oversight for Arms Trade Treaty The BAFA is tasked with oversight of the Arms Trade Treaty in Germany, and the domestic Kriegswaffenkontrollgesetz (War weapons control act). The BAFA has been entrusted by the Council of the EU with the technical implementation of the EU ATT Outreach Project. Foreign trade The office oversees German exports in general and the export of weaponry and dual-use technology in particular. The BAFA keeps detailed lists of goods which have to be scrutinized before a consent is possible. Hereby it considers embargos and international regulations such as the Chemical Weapons Convention and the Nuclear Suppliers Group. On behest of the European Union the BAFA also enforces the Union's regulations concerning the import of specific goods including textile and steel. Promotion of economic development The BAFA strives to improve the competitiveness of small and medium enterprises. It promotes management consulting, helps companies to present their products at international trade fairs etc. Energy and environmental protection The main goal is to promote efficient energy use as well as establishing a sustainable energy supply. The office's programmes for that matter pursue for example a growing use of cogeneration. This includes incentives for evolvements in the field of renewable energy on the grounds of solar thermal energy, biomass and heat pumps. The BAFA also offers professional certification for appropriate constructions and consultants for energy conservation. == References ==
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