The Australian Peace movement has reacted to news that Australian government funds weapons manufacturers whose wares end up in the hands of countries accused of war crimes. "There is nothing admirable about aspiring to be in the world's top 10 arms exporters."
The Independent and Peaceful Australia Network(IPAN) represents a cross section of community organisations across Australia and opposes the government decision to fund and promote the export of weapons.
There is nothing admirable about aspiring to be in the world’s top 10 arms exporters.
In January 2018, a decision to allocate $3.8bn to support manufacturers of military equipment to export their products through EFIC (Export Finance and Insurance Corporation) was made by the Government. This led to expressions of disgust from the members of IPAN and many other community organisations including faith communities.
The Australian Stock Exchange listed company, Electro Optic Systems, has received more than $30Million but that is just 1% of the total offered. Dozens more deals are being done.