GAMI seeks public opinion on military sector’s import and export policy

GAMI seeks public opinion on military sector’s import and export policy
Aircrafts perform during an airshow at Saudi Aviation Forum at Thumamah airport, in Riyadh, Saudi Arabia January 11, 2018. (File/Reuters)
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Updated 24 August 2022
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GAMI seeks public opinion on military sector’s import and export policy

GAMI seeks public opinion on military sector’s import and export policy

RIYADH: The General Authority for Military Industries is seeking public opinion on the sector’s import and export trade control policy draft.

The public can submit their opinions through the Istitlaa platform until Sept. 6, Argaam reported.

According to the report, the draft policy aims to enable a regulatory framework for military industries to supervise and monitor the performance of the sector.

The report further states that these policies will be applicable to all the establishments operating in the military industry sector that carry out activities supervised or licensed by GAMI.

The policies, however, are not applicable to military and security authorities.

Established in 2017, GAMI is the regulator, enabler and licensor for the Kingdom’s military industry.

Its focus is on localizing more than 50 percent of military expenditure by 2030 by building a sustainable domestic defense sector, in line with the Kingdom’s Vision 2030.

In March, GAMI partnered with Lockheed Martin on two projects as part of the localization of the Terminal High Altitude Area Defense Weapon System program.

In May, the authority announced the establishment of the National Academy of Military Industries to train national cadres to work in the sector.