Main headlines from this issue

Confederation of Indian industry says concerns about benefits unfounded

The Confederation of Indian Industry (CII) has conducted a study jointly with Religare, an integrated financial services institution, on the effects of offset in India. The study is titled “Offset Policy for Enhancing Industry Participation in Defence Production – The Way Forward.”

 

Greece launches registry; Offset benefits restricted to affiliates

Greece has established a Defence Material Manufacturers Registry for all domestic defence manufacturers. Companies that do not register will not be eligible for sub-contracting work or for offsets...

Vietnam to promote foreign development of defence sector

The People’s Army of Vietnam will transfer its companies engaged in business activities to state-run civil agencies by 2012, Defence Minister Phung Quang Than promised. The government will then encourage and facilitate both local and foreign suppliers to participate in scientific and technical research for defence development...

Special Report: 12th report to congress onthe impact of offsets in defence trade

The US Department of Commerce’s 12th annual study of Offsets in Defence Trade finds that offset demands are increasing in all regions. Last year the study recorded a decline of 4.5 percent in comparison to 2004...