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, No 21, Monday 10th November, 2008

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MAIN HEADLINES FROM THIS ISSUE:

  • Special Issue: EDA announces code of conduct on offsets “This is a breakthrough decision”

    100 PERCENT CAP COVERS NON-SUBSCRIBING MEMBER STATES, INCLUDING THIRD COUNTRIES

    The Steering Board of the European Defence Agency (EDA) has agreed a voluntary code of conduct on offsets. The Code is intended to ensure greater transparency, help to shape the European Defence Technological and Industrial Base (EDTIB), and reduce reliance on offsets. Described as “a first step in dealing with a very complex issue,” the EDA’s goal is ultimately the creation of market conditions in which offsets will no longer be needed…

  • South Korea: DAPA to consider awarding credits for nondefence offsets

    South Korea’s Defence Acquisition Program Administration (DAPA) may award credits for non-defence products made by registered SMEs. The government is also considering foreign investments made “in the national interest” as another method of indirect offset implementation…

  • Consensus winds down its offset activities – staff are cut back and re-deployed

    If you were ever planning to weep for the masters of the universe, then this would be the moment. The global financial crisis and the shortage of liquidity are taking its toll of the offset service sector. The first company to fall victim is Consensus Business Group (CBG). There are other major players rumoured to be in difficulty…

  • ECCO or ECHO? An intriguing initiative to involve the global offset community

    Offset executives at Areva, the French specialist energy conglomerate, are backing the launch of a European industry group, named ECCO, for the global offset community. An email to several corporations invited comments and suggestions, and gave notice of a meeting to be held at Areva’s premises in Paris on December 17…

AND LOT'S MORE...

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