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, No 20, Monday 22nd October, 2012

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MAIN HEADLINES FROM THIS ISSUE:

  • How the UK’s new policy of ‘Industrial Engagement’ evades directive 2009/81/EC.

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    “It’s different from anything we’ve ever done before.”

    The UK has devised an ‘industrial engagement’ policy shrewdly designed to overcome the barriers on offset imposed by EU defence directive 2009/81/EC. The new policy is not linked to individual procurements……

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  • Saudi Arabia introduces non-fulfilment penalties

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    Saudi Arabia is introducing a non-fulfilment penalty. Meetings are currently under way with contractors to prepare them for changes to the offset guidelines.

  • ECCO conference will address offsets in China and the defence directive

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    ECCO, the European Club for Countertrade and Offset, will present on November 14th-15th a symposium that will focus on offsets in China, a country that has neither formally sanctioned nor published an offset policy.

  • Alstom in pre-performance bid for railway contracts in Thailand

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    Alstom is conducting a feasibility study on establishing a plant in Thailand to manufacture electric train parts. The company expects to reach a conclusion on the proposal within a year.

  • Peru’s preference switches to direct offset

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    Peru is to change its requirement for a 40/60 percent direct/indirect fulfilment ratio to 80/20. The change reflects a reassessment of an offset policy launched only in August 2010.

AND LOT'S MORE...

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