Monday, 18 October 2021

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XXXIX, No 19, 04/10/2021

South Korea moves closer to “Made in Korea” policy

South Korea appears to be moving closer to an industrial policy that requires suppliers to use local contractors whenever possible. It is reportedly developing a new programme that will prioritise local sourcing in industrial co-operation projects linked to defence contracts. The policy will run alongside South Korea’s offset policy.

 

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