The thirteenth annual report to Congress on the impact of offsets in defence trade has shrunk. The US Department of Commerce’s Bureau of Industry and Security (BIS) has made substantive changes to the report’s structure, acceding to concerns raised by US prime contractors.
A patriotic reflex has occasioned two annexes for the first time to be designated Not for Public Release. The information is considered competitive and sensitive, but without it the report’s jewels are missing.
The US interagency team that consults with foreign nations on ‘Limiting the Adverse Effects of Offsets in Defence Procurement’ submitted its third and final report to Congress in February 2007...
Malaysia will barter $70m worth of palm oil for fertiliser with North Korea and Russia. Malaysia’s Minister of Plantation Industries and Commodities has also put forward proposals for bilateral barters with countries such as Morocco, Jordan, Syria and Iran.