Greece appears likely to find itself in conflict with the European Defence Agency’s (EDA) Code of Conduct on Offsets. The dispute stems from the Hellenic Ministry of Defence’s interpretations of industrial participation and offset under the Code. One of the Code’s principal objectives is to cap the quota at 100 percent of purchase contract value.
Canada will soon announce significant changes to its Industrial and Regional Benefits (IRB) guidelines. There will be a new approach to credit banking and multipliers.
Bulgaria’s bid process — as well as its negotiation and implementations processes — are being held back by reams of paperwork and endless bureaucracy.
The Netherlands’s Ministry of Economic Affairs (MEA) has introduced changes to its offset policy. The changes reflect a higher focus on the requirement for R&D projects in the defence sector.
Bob Ainsworth, Britain’s Minister of State for the Armed Forces, who admitted he didn’t understand what an offset is, has been promoted by Gordon Brown to the post of Defence Secretary.