Sunday, 09 August 2020

, No 8, Monday 28th April, 2014

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MAIN HEADLINES FROM THIS ISSUE:

  • Indonesian guidelines demand commodity counterpurchases

    Indonesia will publish the official text of its offset guidelines, just three months ahead of the presidential election. A spokesman confirmed that counterpurchase, as distinct from offset, will be a significant component.

  • Colombia heading for one hundred projects

    Colombia, which took its first step towards a formal offset policy in 2004, has signed 47 offset framework agreements so far. Those agreements are worth $2.5bn. About 40 complimentary agreements are worth $1.5bn.

  • Brazil has noble ambitions, but are they legal?

    Three Brazilian presentations left the audience somewhat bewildered. A new National Policy for Offset Agreements, known as PNAC, is awaiting final approval, we were told; new thresholds will be announced on the military side and for different civil sectors. The Ministry of Health and the Ministry of Development, Industry and Foreign Trade are preparing for Brazil’s first mandatory civil offset requirements.

  • The future for offsets and countertrade

    Close to $500m has been or will soon be invested in developing partnerships between leading universities, offset obligors, and recipient countries. Those partnerships in turn are creating global technology parks.

  • Poland’s defence minister encourages ‘Polonisation’

    Poland’s Defence Minister, Tomasz Siemoniak, said that more than half of the Defence Ministry’s asset spending goes to domestic suppliers because Poland wants to develop its own industrial potential. Foreign procurement programmes now being implemented therefore call for the involvement of domestic companies.

AND LOT'S MORE...

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