Main headlines from this issue

Civil offset stress test as Malaysia implements new policy

Malaysia has revised its approach to civil offset. The country now requires at least 40 percent of the projects to be identified and agreed before an Industry Collaboration Program main agreement is signed. The balance must be identified and agreed.....

South Korea: DAPA launches web site and introduces ‘Offset Challenge Products’

DAPA, Korea’s offset agency, launched a new English-language website on April 1 to provide information on Korean defence companies, their products, and the recently announced ‘Offset Challenge Products’ policy. OCPs is a confusing name but means.....

Kuwait’s Finance Minister: “National Offset Company referred for prosecution”

An audit had found suspected manipulation of public funds and the case will be referred for public prosecution…. A court has dismissed a case brought by the former NOC Chairman, Anwar Al-Jawdar, against Othman Al Quraishi, the CEO that he fired.....

“Malaysia’s defence offset policy has largely failed”

A report in a Fitch Group publication claims that while the government is looking to reduce Malaysia's dependence on imports and increase the capabilities of local manufacturers, its defence offset program to date has largely failed to deliver sustained growth.

India revises threshold for imminent national offset policy

India’s Commerce Ministry is finalising a national offset policy. The quota will be 30 percent of purchase contract value. The new threshold has not been disclosed but is believed to have been raised following inter-ministerial consultations.