Thursday, 12 December 2019

XXXVII, No 23, 02/12/2019

Turkey: Defence contractors with obligations face double trouble

A number of Turkey’s NATO allies and other European countries have suspended arms sales to Turkey. Contractors are now left with the vexing question of how to respond to their country’s arms embargo. The restrictions may frustrate their contracts to export military equipment for offset obligations. Turkey has threatened to sue for breach of contract. Contractors might be able to declare force majeure…

 

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