Sometimes a presentation leaves you with a big, dumb, grin on your face. Dr Burkard Schmitt, the European Commission’s defence expert at the Internal Market and Services Directorate General, wore his well when he responded to questions with silence after speaking about the current state of the EU defence directive and its impact on offsets.
South Korea’s Defence Acquisition Programme Administration has revised its offset policy to reflect further emphasis on SME participation and the export of manufactured products. The policy now puts less emphasis on technology transfer.
The offset regime is still technically in place and yet the government is already negotiating using the projected rules that are set to come into force.
A court in Kuwait hearing an application to rule the National Offset Company’s status void was thrown into confusion by a submission by the NOC’s lawyer…..Then the other side submitted a Ministry certificate allegedly confirming that submission invalid.
Malaysia is planning policy revisions to its national offset policy that will include implementation phases.