Poland’s discomfort with the implementation of Directive 2009/81/EC has given rise to significant distress for its government and for its industries. What is clear is that sellers pitching to Poland will have to ‘Polonise,’ and without a promise to build in-country the probability of selling is low.
A liberal credit banking facility has been introduced as one of many significant changes to the Saudi Arabian offset regulations. The changes came into play in September. The volumes to be executed are increased, multipliers are more specific, and .......
Canada’s offset business is booming. The country currently has more than 60 defence and security procurements subject to IRB — the Industrial and Regional Benefits policy that manages offset. The IRB is now “one meeting away” from being able to release the sixth change.
“[Member states] do not have to explain their national security interest, and they do not have to provide any further information to say why there was this link,” the envoy said. “It’s enough just to show that there is this link.”
President Asif Ali Zardari of Pakistan told the Korean Ambassador the two countries should seriously consider starting barter trade and a currency swap agreement to facilitate trading in local currency.