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, No 19, Monday 13th October, 2008

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MAIN HEADLINES FROM THIS ISSUE:

  • French Ambassador expresses concerns at India’s offset procedures

    Jerome Bonnafont, the French Ambassador to India, told a Confederation of Indian Industry (CII) seminar that India’s offset policy is too complex to implement, and called on the government to review it…

  • Romania positive on offsets as new development phase begins

    Romania’s Minister of Defence, Teodor Melescanu, told an offset conference at Bucharest’s Parliament House in September that Romania is about to enter a new phase for the development of the armed forces, with offset as an absolutely necessary tool for the expansion of the country’s economy. He underlined the important role offset plays in defence acquisitions by obtaining state of the art technologies and foreign investments…

  • “Southeast Asia wants the whole gamut of extremely complex offset packages”

    Perhaps he was having an off day, or perhaps he was making it up as he went along, but Dr. Richard Blitzinger, Senior Fellow at Singapore’s Rajaratnam School of International Studies, told delegates to a Defence Finance conference in London that Southeast Asian countries want the whole gamut of extremely complex offset packages, and require a great deal more innovation than before. He was referring to Thailand, Malaysia, Singapore and Indonesia…

  • Publication of the ‘Offset Service Providers Directory’ service providers directory’ is suspended

    The global financial crisis has taken its toll of several offset service providers, with some asking to be removed from the CTO’s Offset Service Provider Directory for 2009/10. Inclusion in the directory is subject to payment…

AND LOT'S MORE...

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