XXXVII, No 1, 07/01/2019
Korea: DAPA’s contemporary offset policy leans heavily on exports
DAPA has unveiled long-promised revisions to its offset policy guidelines. The changes are designed to boost defence exports and create new jobs. Seoul introduced the country’s offset policy in the early 1980s. The revisions change the basis on which the policy has until now been sustained. Amid the fog of DAPA’s English translation we have identified a number of important amendments in the 402-page guidelines….