Main headlines from this issue

Kuwait: How do contractors get their candy?

Kuwait’s National Offset Company has granted offset credits worth $27m to Hyundai Heavy Industries despite questions over its authority……. Nobody in Kuwait is willing to give straight answers and make clear whether the NOC retains a role in managing offset projects or issuing credits.

Brazil wants major defence procurements to share offsets with Health Ministry

Brazil is almost ready to introduce a National Compensation Policy, known as PNAC. The PNAC will replace the current MoD offset policy and bring civil procurement agencies into its reach.....

Canada tries hard to make a complicated offset policy sexy

To put things simply: the IRB will become an ITB under a DPS with VPs where KICs will be a significant factor. Which leaves the obvious question, what about the CCP?

Peru: New agency is ready to start

It’s taken two years since Peru’s MoD asked Congress for powers to establish a new defence procurement agency but operations are ready to commence this October.

EC awash with “under-the-table” deals – although costs are significant

What does offset cost? Enrique Navarro, Chairman of the Spanish advisory service company MQ GlobalNet, estimated the answer at anything from between.....