Main headlines from this issue

DKF Spring Conference: Denmark on victory lap European Commission reviews offset compliance on ad hoc basis

Nearly 150 delegates attended the DKF’s Spring Conference in Copenhagen on 9 May, marking the association’s first in-person event since 2019. The conference provided a targeted overview of Denmark’s offset policy, with a special emphasis on small and medium-sized enterprises.

US approves grant to European allies to buy American weapons, negotiates reciprocal trade

The US State Department has approved a $391m grant to 15 in Central and Eastern Europe and the Balkans to buy American military hardware. At the same time, the US government has started negotiating reciprocal trade arrangements with European allies.

US approves grant to European allies to buy American weapons, negotiates reciprocal trade

The US State Department has approved a $391m grant to 15 in Central and Eastern Europe and the Balkans to buy American military hardware. At the same time, the US government has started negotiating reciprocal trade arrangements with European allies.

India and Russia negotiate countertrade payment mechanism

The Reserve Bank of India and Central Bank of the Russian Federation are working together to create a new mechanism to sustain bilateral trade and banking operations, according to economists at the Export-Import Bank of India.

Indonesia launches holding company, calls for more offsets

President Joko Widodo has launched a new state-run defence industry holding company, Defend ID. The holding is designed to boost Indonesia’s indigenous capabilities and improve the country’s ability to absorb technology transfer. But Defend ID may face challenges with engineering capacity and political infighting.