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Reversing that trend -- which would mean both exporting more and buying domestic instead of imported goods -- could deliver a big boost to the economy.
Both exporting and importing countries must issue licences.
While it is true that a treaty will be most effective if it is universally agreed to, there is still great value to a treaty that is supported by both exporting countries -- such as the U.S., Germany, France, and the United Kingdom -- and countries suffering from the damaging effects of irresponsible arms transfers.
Similar(57)
China's import ban hits Samsung Electronics and LG Information and Communications, which both export mobile phones.
Initially, the USA and Australia and later emerging countries such as Chile and South Africa, gained increasing market shares in both exported volumes and value, at the expense of incumbents.
It also advocates investigation of nutrient balance based on nutrient accumulations in biomass materials both exported and those retained on site.
Sheep, goat, llama, and alpaca raising are widespread in Peru and Bolivia, with both countries exporting sheep and alpaca wool.
Healthy Andean grain and semi-posh Italian booze have little in common, except they are both widely exported and both have become part of a middle-class lifestyle.
Asia has exported both.
Both export to the EU and beyond.
As a result, both exports and domestic demand slumped.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com