Tuesday, 26 May 2020

, No 8, Monday 20th April, 2020

Purchase Issue

$65.00

Annual Subscription
(24 Issues - Twice Monthly)

$1482.00

MAIN HEADLINES FROM THIS ISSUE:

  • What’s wrong with India? “Draft DPP 2020 is a step in the wrong direction in so many ways”

    U.S. contractors are overwhelmingly disappointed with India’s draft Defence Production Policy (DPP-2020), reviewed in CTO 7 dated April 6. The general consensus is that the draft adds yet further complexity and confusion to India’s offset policy while lowering multipliers and raising indigenous content quotas. “I’ve honestly not heard a single positive thing from [U.S] industry…” Indian government officials are equally confused.

  • Turkey allows temporary extensions – claiming cancellation could lead to dispute

    Turkey’s Presidency of Defence Industries (SSB) is allowing obligors to extend the performance periods of offset contracts because of the effects of COVID-19. The government has passed Memorandum No. 2020/5 to allow contractors whose contracts have been temporarily, permanently, or partially affected, or are absolutely impossible to perform because of the virus, to apply to…

  • Poland passes emergency legislation for ongoing offset contracts

    An emergency bill presented to Poland’s parliament will allow contractors with offset commitments to claim extensions to performance periods because of the COVID-19 pandemic. The lower chamber has approved Bill No. 330, entitled “Special support instruments in connection with the spread of the SARS-CoV-2 virus”. The upper chamber was due to pass the bill, possibly with minor amendments, as we went to press.

  • U.S. Trade Representative identifies countries with offset programs that are “areas of concern”

    The Office of the United States Trade Representative has named the offset programs of numerous countries as areas of concern. Several countries are said to attract particular disquiet because of their effect on U.S. contractors. They include the UAE, Canada, India, Israel, Turkey, and Greece.

  • KPMG characterises “changing developments” in Australian policy

    Mike Kalms, a partner at KPMG Australia, has warned contractors that the government’s approach to the Australian Industry Content Policy (AICP) is changing, and that the “good old days” no longer exist. Kalms told the Australian Manufacturing Forum…

AND LOT'S MORE...

Click here to purchase this issue or subscribe to all 24 issues (Annual Subscription)

Issue Finder

Enter your keyword(s) below to
find an issue