Main headlines from this issue

Italy completes new offset guidelines

The Italian government has concluded informal discussions on new draft offset guidelines submitted to the EC in Brussels. The guidelines are currently awaiting the approval of the defence minister and the Secretariat General. Credit banking will no longer apply.....

Estonia revises offset guidelines – policy to continue

Estonia has decided that its offset policy will have an open threshold. In practice, few procurements under 150m Kroons (about €10m) will attract an offset obligation despite new guidelines that predict a lower threshold in due course.....

Japan pledges to transfer nuclear technology to UAE, gains energy concession

To renew its role in an oil and gas concession in the UAE, set to expire in 2018, Japan has had to agree to deliver to the UAE technology related to a nuclear cooperation deal.

Cuban airports will be upgraded – Brazil will receive “irresponsible” Cuban doctors

Brazil has begun negotiations to hire at least 6,000 Cuban doctors to work in rural areas. Brazil will finance the modernization of five airports in Cuba.

Bulgarian president challenged over transparency of offset benefits

The Bulgarian Industry Association has called on President Rosen Plevneliev to guarantee the openness and transparency of public procurement and related offset agreements, their implementation and their impact on the economy.