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The UK has devised an ‘industrial engagement’ policy shrewdly designed to overcome the barriers on offset imposed by EU defence directive 2009/81/EC. The new policy is not linked to individual procurements......

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Saudi Arabia introduces non-fulfilment penalties

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Saudi Arabia is introducing a non-fulfilment penalty. Meetings are currently under way with contractors to prepare them for changes to the offset guidelines.

ECCO conference will address offsets in China and the defence directive

ECCO the European Club for Countertrade and Offsetwill present on November 14^th-15^th a symposium that will focus on offsets in China a country that has neither formally sanctioned nor published an offset policy.

Alstom in pre-performance bid for railway contracts in Thailand

Alstom is conducting a feasibility study on establishing a plant in Thailand to manufacture electric train parts. The company expects to reach a conclusion on the proposal within a year.

Peru’s preference switches to direct offset

Peru is to change its requirement for a 40/60 percent direct/indirect fulfilment ratio to 80/20. The change reflects a reassessment of an offset policy launched only in August 2010.