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Article

1 Jun 2013

Author:
Amnesty International UK

[PDF] A History of Neglect. UK Export Finance and Human rights

[Business & Human Rights Resource Centre invited UK Export Finance (UKEF) to respond. UKEF's response is provided below] [The] eagerness [of UKEF] to help secure new overseas contracts for British companies often comes at the expense of human rights...UKEF does not conduct any human rights or environmental screening of support worth less than...£10m....[A]round £2.3 billion of ‘third world debt’ is owed to UKEF. This briefing examines the approach of UKEF to addressing the human rights context of its activities. Its findings indicate deficits in policy, transparency and accountability that together fall short of what would be required to ensure UKEF does not support projects or transactions that might contribute to human rights abuses. [refers to Balfour Beatty, Kier, Stirling, Kvaerner Boving, and ABB Generatiion, BP, Shell, Barclays, RBS, HSBC, Lloyds TSB, Standard Chartered, Alvis Vehicles (part of BAE Systems)]