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Federal Office of Economics and Export Control

It is entrusted with important administrative tasks of the federal government in the following sectors: 1. Foreign Trade, 2. Promotion of Economic Development and SME, 3. Energy 4. Auditor Oversight.
A central task of the Federal Office for Economic Affairs and Export Control in the foreign trade sector is export control. Being involved in the export control policy of the federal government, Federal Office for Economic Affairs and Export Control is a licensing authority working in close co-operation with other federal agencies on a complex export control system. Within the framework of international and legal commitments, export controls are oriented towards the security need and foreign political interests of the Federal Republic of Germany. Another relevant task of the Federal Office for Economic Affairs and Export Control in the area of foreign trade is to implement the import regulations adopted as part of the European Union’s common trade policy. The promotion of economic development focuses on programmes for small and medium-sized enterprises. In the energy sector the Federal Office for Economic Affairs and Export Control implements measures to promote a better use of renewable energies, the saving of energy, for the maintenance and extension of the power-heat-linkup and for German coal mining, and participates in crisis-contingency measures in the mineral oil sector. The Auditor Oversight Body is responsible for the supervisory control of the Chamber of Public Accountants and ascertains mistakes of auditors and audit firms, which conduct audits for enterprises of public interest.