Norway believes that Liechtenstein blocked its implementation of the defence directive at a recent meeting of members of the European Economic Area. The corollary is that Norway’s offset policy remains in play.
Nuclear companies seeking to sell their reactor designs to South Africa should ensure that they offer localisation programmes incorporating black economic empowerment (BEE).
The new law obliges the government to prioritize the domestic industry in arms procurement. For foreign contractors, partnership with industry will be imperative but a lack of policy guidelines makes a cautious approach crucial.
Portugal has only put part of the required provisions in place. The EC has given Portugal two months to put an end to the violation.
The new regulations are meant to oblige foreign companies interested in bidding to build plants in Brazil or commit to the transfer of technology to Brazilian counterparts.