Tuesday, 15 October 2019

XXXVII, No 10, 20/05/2019

South Korea: DAPA’S offset rules face further “reset”

South Korea is planning another offset “reset.” The update will change multipliers and pre-banking conditions, and affect parts manufacturing and export promotion. The government is also preparing the legal framework for offset swaps between South Korea and other countries. Since the penalty provisions became stricter, contractors noticeably tried to complete their obligations within the implementation periods, said…

 

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